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Economy |
It’s official: Elon Musk terminating $44 billion deal for Twitter |
2022-07-09 |
As predicted, and reported yesterday in comments. [DW] Tesla CEO Elon Musk said he was terminating his deal for Twitter, citing material breach of multiple provisions of the agreement. Twitter replied that it intends to sue Musk to enforce the deal.Twitter could have accepted the $1 billion termination fee Musk agreed to should he pull out of the deal. |
Posted by:trailing wife |
#9 @#8. I think that is what Musk intended all along. |
Posted by: Muggsy Uneter9727 2022-07-09 22:19 |
#8 Either way, Twitter in its current form is toast. |
Posted by: DarthVader 2022-07-09 12:33 |
#7 and their stock will be junk, just like their credibility |
Posted by: Frank G 2022-07-09 12:31 |
#6 Twitter now threatening to sue Mr. Musk to enforce the deal. Discovery will be interesting. |
Posted by: Anomalous Sources 2022-07-09 11:18 |
#5 By the time he's done, Shittah will owe Musk the breakup fee. |
Posted by: M. Murcek 2022-07-09 10:33 |
#4 /\ Nicely played. Musk exposed them for what they are. |
Posted by: Besoeker 2022-07-09 10:31 |
#3 Blackrock will buy it and make it worse. |
Posted by: M. Murcek 2022-07-09 10:31 |
#2 The fact that Elon Musk is pulling out of the deal says that Twitter is a hollowed-out company worth squat. |
Posted by: JohnQC 2022-07-09 10:28 |
#1 Twitter turned out to be a leftist wreck upon further inspection. |
Posted by: Black Charlie Slairt1430 2022-07-09 01:17 |