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Elon Musk $44 Billion Twitter deal
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Old 16-07-2022, 20:53   #91
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

Quote:
Originally Posted by BenMcr View Post
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
Not aimed at anyone but l have had comments about my family's business in the past , and they were and still are up the creek as were the feds , state and local police in the 20s to 60s ny father use to say that we had a desk / office just for them , in the beginning we did a lot of business with Cuba ,so perhaps that was reason?! Just for a little fun buy and put to one side some newspapers , then get them out in six months , and read again , my guess you will never trust one again !!!
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Last edited by Itshim; 16-07-2022 at 22:03.
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Old 17-07-2022, 14:26   #92
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

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Originally Posted by TheDaddy View Post
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
Hole in one! It will catch up with him the same as it caught up with Johnson.
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Old 17-07-2022, 21:59   #93
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I guess he shouldnt have signed anything before he was sure........
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Old 04-10-2022, 18:38   #94
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

BREAKING: Elon Musk proposes to proceed with deal to buy Twitter - Bloomberg
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Old 04-10-2022, 23:57   #95
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Re: [Updated] Elon Musk pulls out of $44 Billion Twitter deal

I am shocked that it turns out he’ll pay what he originally promised
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Old 07-10-2022, 10:06   #96
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I wonder if its cause he really didnt wanna pay the fees to cancel?
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Old 07-10-2022, 10:14   #97
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

Twitter think he still might not go through with the deal so maybe there is some gamesmanship going on. Musk has used this intent to buy as a reason to stop the case but Twitter want it to continue so I guess from their point of view it's either the deal goes through or the lawsuit finishes - whichever comes first.
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Old 07-10-2022, 11:33   #98
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

The plot thickens.

Quote:
Twitter is refusing to accept Elon Musk’s renewed bid of $44 billion for the social media company, according to a report from The Associated Press citing Elon Musk’s attorneys. This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. He renewed his offer to purchase the social media network this week and shared a few details about his goals.
https://www.teslarati.com/twitter-re...s-renewed-bid/

Last edited by Hugh; 07-10-2022 at 13:19.
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Old 07-10-2022, 11:41   #99
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

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Originally Posted by pip08456 View Post
The plot thickens.

Quote:
Twitter is refusing to accept Elon Musk’s renewed bid of $44 billion for the social media company, according to a report from The Associated Press citing Elon Musk’s attorneys. This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. He renewed his offer to purchase the social media network this week and shared a few details about his goals.
https://www.teslarati.com/twitter-re...s-renewed-bid/
They're not refusing to accept it. They're refusing to halt legal action or accept different terms such as one that gets Musk out of the whole thing if he can't raise the money.

Twitter can't refuse to accept the deal if it's the original terms for the agreed amount. They suspect Musk is up to something.
https://www.ft.com/content/1ce8a07a-...b-f91261929a71

Quote:
In its filing, Twitter said one of the lending banks had testified on Thursday that Musk had “yet to send them a borrowing notice” or communicate that he intended to close the deal.

Legal experts expect Twitter to demand Musk deposit the $44bn in escrow before moving forward with the deal. Ann Lipton, a corporate law professor at Tulane University, wrote on Twitter that the company’s filing “makes clear Musk is not doing what is necessary to obtain financing”.
Anyway the case is halted for now but the judge will allow it to resume if Musk somehow finds another reason not to complete.
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Old 07-10-2022, 13:03   #100
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

I thought Musk was supposed to be a hot shot businessman.
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Old 08-10-2022, 20:13   #101
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

I wonder how many forests he could grow or save with that $44 billion.
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Old 28-10-2022, 16:11   #102
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

Well he's done it. Moved in yesterday.

Quote:
Elon Musk has officially bought Twitter.

Twitter CEO Parag Agrawal, CFO Ned Segal, legal affairs chief Vijaya Gadde were all immediately fired, per Reuters.
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Old 31-10-2022, 18:10   #103
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

https://www.independent.co.uk/tech/e...-b2214457.html

Quote:
Elon Musk dissolves Twitter’s board and makes himself ‘sole director’
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Old 31-10-2022, 18:13   #104
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

We can’t lose.

He makes Twitter less of cesspit - win

He destroys Twitter and it goes under - win
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Old 31-10-2022, 18:55   #105
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

In all likelihood the same commercial and legal pressures that made Twitter hard to manage for its last directors will hit him as well
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