[twoslide]

Most views I've heard are that it is quite impossible to force someone to buy a company, but rather there will be settlement to exit the deal.

[dragonwriter]

> Most views I've heard are that it is quite impossible to force someone to buy a company

Those views are simply ignorant; there are plenty of cases of the Delaware Court of Chancery ordering specific performance on merger deals. It is nothing even loosely similar to “quite impossible”.

[zimpenfish]

Indeed, Matt Levine covered one just yesterday[1] that seems to follow pretty much the same path the Twitter one is going...

[1] https://newsletterhunt.com/emails/21761

[thomassmith65]

Musk already bought the company. The issue is whether Twitter can force him to pay.

[dragonwriter]

> Musk already bought the company.

No, he didn't. If he did, the company wouldn't be suing him, since he would control it.

[aidanlister]

I think you’d correctly say he bought the company but has not settled, so he does not yet own the company.

[rchaud]

a distinction without a difference, he doesn't own anything beyond the board seat that his equity holdings afford him. Vanguard owns more of Twitter than he does.

[rchaud]

a distinction without a difference, he doesn't own anything beyond the board seat that his equity holdings afford him.