[elliekelly]

I think it’s far more likely he’d be on the hook for damages. It would be unusual for a judge to force a sale to a now unwilling buyer. Everyone—Twitter, Twitter shareholders, Musk—would be worse off with that result.

[quickthrowman]

Twitter shareholders would be worse off.. how? $54.20 is 55% higher than the current after-hours TWTR share price of $35

[danielmarkbruce]

They can still get cash. Lots and lots of cash.

[quickthrowman]

I suppose shareholders wouldn’t mind a special dividend from lawsuit proceeds that captured a good portion of the spread between FMV and $54.20, especially if they get to keep their equity.

[danielmarkbruce]

Yep, and I'd guess that's the most likely outcome.

[ImPostingOnHN]

twitter share price is currently lower than what he bid, so twitter shareholders would be materially better off