Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Well they could, he signed a binding agreement. He would need to show that Twitter significantly misrepresented the company, which is why he is focusing on bots, and that due diligence which he waived the right to do wouldn't have picked it up. There is an article I put further up that showed why this would be pretty difficult even if the bot problem is 5x worse than the 5%.

That said it's unlikely a court would force him to buy it because he needs external creditors to loan him the money which is apparently something courts dislike. Twitter probably want a substantial amount of compensation.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

I think it's fair for Musk to compensate Twitter as per what he agreed. As far as I'm aware, it wasn't conditional on anything so he has little wriggle room. Just a deeper pocket and the ability to keep the case going longer.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

The salient point being as far as you are aware.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Well, they can 'force' him if he signed a contract, or of course they can sue for breach of said contract.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Because the full deal requires him to bring in additional loans/funding (i.e third parties who the court cannot force to lend) the suspicion is it'll just be compensation.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

One for the lawyers mate. Musk has deeper pockets so I predict he will try a pay lower compensation than he agreed.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

If he bought in good faith and they sold a lemon he probably has a good case.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

He's not bought it, Papa, that's the issue here.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Multi-billion dollar deals don’t work on "good faith", they work on pre-agreed contractual terms.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Because they've tried to pull a fast one by overstating it's customer base/value

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Musk waived his due diligence right that would have allowed him to discover any issues like that before signing the purchase agreement.

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Wow didn't realize there are so many insiders on this site .

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

If that was aimed at me it's literally what Twitter have said two months ago

https://www.reuters.com/markets/deal...eal-2022-05-17

YA Hmmm I didnt think of that.. Why did he sign anything if he wasnt 100% sure??

Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal
 

Because he's a cocky, arrogant, git who thought he knew best and better than everyone else, he'll learn the hard way that isn't the case