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Sat Jul 9, 2022, 07:35 AM

Musk Destroys Twitter!? Happy Days!

The when where and why are questions for the corporate legal system, of interest for the future, the present day result is clear enough.

Musks intention all along?

Twitter is the big loser, Musk can afford the litigation more than Twitter, and one DU lurker couldnít be happier!

30 replies, 2014 views

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Arrow 30 replies Author Time Post
Reply Musk Destroys Twitter!? Happy Days! (Original post)
Alexander Of Assyria Jul 2022 OP
moonshinegnomie Jul 2022 #1
Tickle Jul 2022 #2
Tomconroy Jul 2022 #3
jimfields33 Jul 2022 #7
Alexander Of Assyria Jul 2022 #8
moonshinegnomie Jul 2022 #14
Kingofalldems Jul 2022 #9
jimfields33 Jul 2022 #12
Cha Jul 2022 #22
Alexander Of Assyria Jul 2022 #30
BannonsLiver Jul 2022 #16
jimfields33 Jul 2022 #18
BannonsLiver Jul 2022 #21
jimfields33 Jul 2022 #26
bucolic_frolic Jul 2022 #4
C_U_L8R Jul 2022 #5
Voltaire2 Jul 2022 #10
C_U_L8R Jul 2022 #11
moonshinegnomie Jul 2022 #13
C_U_L8R Jul 2022 #15
Historic NY Jul 2022 #6
BannonsLiver Jul 2022 #17
WarGamer Jul 2022 #19
BannonsLiver Jul 2022 #20
Cha Jul 2022 #24
BannonsLiver Jul 2022 #25
Cha Jul 2022 #27
BannonsLiver Jul 2022 #28
Cha Jul 2022 #23
LetMyPeopleVote Jul 2022 #29

Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 07:52 AM

1. this is going to end up costing musk hugely

theres a specific performance clause inthe merger docs that twitter is going to use to force usk to buy them.
musk also waived due dilligence when he signed teh contract

the legal manueverings will probbaly take a year at most and wont be hugely expensive on a relative basis. Musks ego is going to bite him in the ass


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Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 07:57 AM

2. He'll end

up buying twitter at a lesser cost. I have a hard time believing someone who buys corporations for a living doesnít have writings with his take overs that allow for this

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Response to Tickle (Reply #2)

Sat Jul 9, 2022, 08:04 AM

3. Twitter seems desperate to sell. Think you are right.

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Response to Tomconroy (Reply #3)

Sat Jul 9, 2022, 09:13 AM

7. It would be great if it just went out of business

Itís a terrible site that has caused a lot of problems. Not worth it. Facebook at least allows you to keep up with family.

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Response to jimfields33 (Reply #7)

Sat Jul 9, 2022, 09:38 AM

8. So if next headline is...Musk Offers to Buy FB...that would instantly tank, not raise, FB stock!

Clever!

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Response to Alexander Of Assyria (Reply #8)

Sat Jul 9, 2022, 12:03 PM

14. becasue of how facebook is organized its not possible for anyone to buy it without zucks ok

zuck owns the majority of the voting shares even if he doesnt own a majority of teh total stock
he has 100% control

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Response to jimfields33 (Reply #7)

Sat Jul 9, 2022, 09:54 AM

9. Anything Trump and his MAGAts don't like is great by me.

Love twitter.

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Response to Kingofalldems (Reply #9)

Sat Jul 9, 2022, 11:59 AM

12. Not surprised!

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Response to Kingofalldems (Reply #9)

Sat Jul 9, 2022, 02:30 PM

22. So Do I.. There's So Much Good

Information on Twitter that M$$$M Does Not tell the American People.

That's a Huge Reason I don't want Fuckhead Fascist Psycho Musk in charge. Twitter Banned trump.


Please Fight to Save Our Democracy💙 in 2022 & 2024!

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Response to Kingofalldems (Reply #9)

Tue Jul 12, 2022, 09:07 AM

30. Precisely. MAGATS now hating on Musk?...what's up with that? Upsets the hate on musk

Applecart a great deal!

Both sides canít hate the same guy! Confusing!

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Response to jimfields33 (Reply #7)

Sat Jul 9, 2022, 01:14 PM

16. "Facebook at least allows you to keep up with family"

I guess you must have missed the 2016 election and ensuing fallout.

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Response to BannonsLiver (Reply #16)

Sat Jul 9, 2022, 01:55 PM

18. I didn't see any of that nonsense on my page.

You have to friend politicians which I donít on Facebook

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Response to jimfields33 (Reply #18)

Sat Jul 9, 2022, 02:21 PM

21. Ah. Well here's some news.

You werenít the only person who voted in the 2016 election and Facebook was russias primary tool in creating misinformation during that year. Hope that clears it up for you.

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Response to BannonsLiver (Reply #21)

Sat Jul 9, 2022, 02:52 PM

26. I guess. Sadly social media can be nasty.

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Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 08:13 AM

4. I think Twitter gets bought by Big Tech

Google, MSFT, DIS. It would enhance their PR efforts from the get-go.

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Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 08:16 AM

5. Twitter's board must be pretty incompetent

They should have sniffed out Musk's shenanigans from the start.

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Response to C_U_L8R (Reply #5)

Sat Jul 9, 2022, 09:55 AM

10. Why? Great price if it went through, free 1B if it didn't.

There was no reason not to accept the offer.
Musk can fight the penalty in court, but will likely lose.

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Response to Voltaire2 (Reply #10)

Sat Jul 9, 2022, 09:59 AM

11. Just ask the shareholders

This botched up sale has only decreased the company's value and reputation. And it doesn't even seem like they shopped for competing offers. If it does sell now, it will be at a big discount.

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Response to C_U_L8R (Reply #11)

Sat Jul 9, 2022, 12:01 PM

13. becasue no one would have paid what musk offered

his offer was 40% over twitters market price.

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Response to moonshinegnomie (Reply #13)

Sat Jul 9, 2022, 12:13 PM

15. If it was indeed a genuine offer.

I don't think the board did their homework and may have been wishful thinking. It looked pretty shady from the start to the outside world. In any regard, shareholders are pissed for this botched adventure.

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Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 08:19 AM

6. Well for one its expose Musk as not being serious player .

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Response to Alexander Of Assyria (Original post)

Sat Jul 9, 2022, 01:15 PM

17. Surprised to still see Musk fanboys here.

Last edited Sat Jul 9, 2022, 02:32 PM - Edit history (1)

Youíre in the wrong place.

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Response to BannonsLiver (Reply #17)

Sat Jul 9, 2022, 02:06 PM

19. It's important to differentiate between Elon the Clown...

And Elon the businessman.

They're different things.

Tesla and SpaceX are revolutionary.

Did Elon design the rockets and write the software for the full self driving?

It's OK to hate on Elon but love Tesla and SpaceX.

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Response to WarGamer (Reply #19)

Sat Jul 9, 2022, 02:19 PM

20. It's not really that important actually.

But I appreciate you giving me the ok to have an opinion.

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Response to BannonsLiver (Reply #20)

Sat Jul 9, 2022, 02:38 PM

24. I agree.. Not Important At all..

Our Democracy is More Important than Musk & "Tesla and SapceX"

Please Fight to Save Our Democracy💙 in 2022 & 2024!

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Response to Cha (Reply #24)

Sat Jul 9, 2022, 02:41 PM

25. But cha!

ďHe MaKE rOCkeTs aNd car BaTteRiEs!11Ē



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Response to BannonsLiver (Reply #25)

Sat Jul 9, 2022, 02:55 PM

27. Not Impressed in light of those

Fascist trump Supporting Psychotic statements he Tweets.

FYI.. I'm with Richard Signorelli..


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Response to Cha (Reply #27)

Sat Jul 9, 2022, 02:58 PM

28. Absolutely

I guess his cheerleaders here forgot he wanted to re-platform Trump on Twitter.

But hey, rockets and batteries!

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Response to WarGamer (Reply #19)

Sat Jul 9, 2022, 02:35 PM

23. Musk is a dangerous Fascist Psycho..

there's no "clown" about it.

Please Fight to Save Our Democracy💙 in 2022 & 2024!

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Response to Alexander Of Assyria (Original post)

Sun Jul 10, 2022, 07:13 PM

29. Twitter has hired Wachtell Lipton to sue Musk

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