General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMusk 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 couldnt be happier!
moonshinegnomie
(2,499 posts)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
Tickle
(2,585 posts)up buying twitter at a lesser cost. I have a hard time believing someone who buys corporations for a living doesnt have writings with his take overs that allow for this
Tomconroy
(7,611 posts)jimfields33
(16,068 posts)Its a terrible site that has caused a lot of problems. Not worth it. Facebook at least allows you to keep up with family.
Alexander Of Assyria
(7,839 posts)Clever!
moonshinegnomie
(2,499 posts)zuck owns the majority of the voting shares even if he doesnt own a majority of teh total stock
he has 100% control
Kingofalldems
(38,503 posts)Love twitter.
jimfields33
(16,068 posts)Cha
(297,934 posts)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.
Link to tweet
Please Fight to Save Our Democracy💙 in 2022 & 2024!
Alexander Of Assyria
(7,839 posts)Applecart a great deal!
Both sides cant hate the same guy! Confusing!
BannonsLiver
(16,542 posts)I guess you must have missed the 2016 election and ensuing fallout.
jimfields33
(16,068 posts)You have to friend politicians which I dont on Facebook
BannonsLiver
(16,542 posts)You werent 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.
jimfields33
(16,068 posts)bucolic_frolic
(43,442 posts)Google, MSFT, DIS. It would enhance their PR efforts from the get-go.
C_U_L8R
(45,031 posts)They should have sniffed out Musk's shenanigans from the start.
Voltaire2
(13,244 posts)There was no reason not to accept the offer.
Musk can fight the penalty in court, but will likely lose.
C_U_L8R
(45,031 posts)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.
moonshinegnomie
(2,499 posts)his offer was 40% over twitters market price.
C_U_L8R
(45,031 posts)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.
Historic NY
(37,457 posts)BannonsLiver
(16,542 posts)Last edited Sat Jul 9, 2022, 03:32 PM - Edit history (1)
Youre in the wrong place.
WarGamer
(12,494 posts)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.
BannonsLiver
(16,542 posts)But I appreciate you giving me the ok to have an opinion.
Cha
(297,934 posts)Our Democracy is More Important than Musk & "Tesla and SapceX"
Please Fight to Save Our Democracy💙 in 2022 & 2024!
BannonsLiver
(16,542 posts)He MaKE rOCkeTs aNd car BaTteRiEs!11
Cha
(297,934 posts)Fascist trump Supporting Psychotic statements he Tweets.
FYI.. I'm with Richard Signorelli..
Link to tweet
BannonsLiver
(16,542 posts)I guess his cheerleaders here forgot he wanted to re-platform Trump on Twitter.
But hey, rockets and batteries!
Cha
(297,934 posts)there's no "clown" about it.
Please Fight to Save Our Democracy💙 in 2022 & 2024!