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Old 15-07-2022, 08:21   #76
Damien
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

Quote:
Originally Posted by Dude111 View Post
I read they are trying to sue him

What a bunch of idiots.. NO ONE CAN FORCE ANYONE TO BUY IT!!


Just shut it down,.........
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.
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