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Alexander Of Assyria

(7,839 posts)
Sat Jul 9, 2022, 08:35 AM Jul 2022

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 couldn’t be happier!

30 replies = new reply since forum marked as read
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Musk Destroys Twitter!? Happy Days! (Original Post) Alexander Of Assyria Jul 2022 OP
this is going to end up costing musk hugely moonshinegnomie Jul 2022 #1
He'll end Tickle Jul 2022 #2
Twitter seems desperate to sell. Think you are right. Tomconroy Jul 2022 #3
It would be great if it just went out of business jimfields33 Jul 2022 #7
So if next headline is...Musk Offers to Buy FB...that would instantly tank, not raise, FB stock! Alexander Of Assyria Jul 2022 #8
becasue of how facebook is organized its not possible for anyone to buy it without zucks ok moonshinegnomie Jul 2022 #14
Anything Trump and his MAGAts don't like is great by me. Kingofalldems Jul 2022 #9
Not surprised! jimfields33 Jul 2022 #12
So Do I.. There's So Much Good Cha Jul 2022 #22
Precisely. MAGATS now hating on Musk?...what's up with that? Upsets the hate on musk Alexander Of Assyria Jul 2022 #30
"Facebook at least allows you to keep up with family" BannonsLiver Jul 2022 #16
I didn't see any of that nonsense on my page. jimfields33 Jul 2022 #18
Ah. Well here's some news. BannonsLiver Jul 2022 #21
I guess. Sadly social media can be nasty. jimfields33 Jul 2022 #26
I think Twitter gets bought by Big Tech bucolic_frolic Jul 2022 #4
Twitter's board must be pretty incompetent C_U_L8R Jul 2022 #5
Why? Great price if it went through, free 1B if it didn't. Voltaire2 Jul 2022 #10
Just ask the shareholders C_U_L8R Jul 2022 #11
becasue no one would have paid what musk offered moonshinegnomie Jul 2022 #13
If it was indeed a genuine offer. C_U_L8R Jul 2022 #15
Well for one its expose Musk as not being serious player . Historic NY Jul 2022 #6
Surprised to still see Musk fanboys here. BannonsLiver Jul 2022 #17
It's important to differentiate between Elon the Clown... WarGamer Jul 2022 #19
It's not really that important actually. BannonsLiver Jul 2022 #20
I agree.. Not Important At all.. Cha Jul 2022 #24
But cha! BannonsLiver Jul 2022 #25
Not Impressed in light of those Cha Jul 2022 #27
Absolutely BannonsLiver Jul 2022 #28
Musk is a dangerous Fascist Psycho.. Cha Jul 2022 #23
Twitter has hired Wachtell Lipton to sue Musk LetMyPeopleVote Jul 2022 #29

moonshinegnomie

(2,499 posts)
1. this is going to end up costing musk hugely
Sat Jul 9, 2022, 08:52 AM
Jul 2022

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)
2. He'll end
Sat Jul 9, 2022, 08:57 AM
Jul 2022

up buying twitter at a lesser cost. I have a hard time believing someone who buys corporations for a living doesn’t have writings with his take overs that allow for this

jimfields33

(16,068 posts)
7. It would be great if it just went out of business
Sat Jul 9, 2022, 10:13 AM
Jul 2022

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

moonshinegnomie

(2,499 posts)
14. becasue of how facebook is organized its not possible for anyone to buy it without zucks ok
Sat Jul 9, 2022, 01:03 PM
Jul 2022

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

Cha

(297,934 posts)
22. So Do I.. There's So Much Good
Sat Jul 9, 2022, 03:30 PM
Jul 2022

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!
 

Alexander Of Assyria

(7,839 posts)
30. Precisely. MAGATS now hating on Musk?...what's up with that? Upsets the hate on musk
Tue Jul 12, 2022, 10:07 AM
Jul 2022

Applecart a great deal!

Both sides can’t hate the same guy! Confusing!

BannonsLiver

(16,542 posts)
16. "Facebook at least allows you to keep up with family"
Sat Jul 9, 2022, 02:14 PM
Jul 2022

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

jimfields33

(16,068 posts)
18. I didn't see any of that nonsense on my page.
Sat Jul 9, 2022, 02:55 PM
Jul 2022

You have to friend politicians which I don’t on Facebook

BannonsLiver

(16,542 posts)
21. Ah. Well here's some news.
Sat Jul 9, 2022, 03:21 PM
Jul 2022

You weren’t 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.

Voltaire2

(13,244 posts)
10. Why? Great price if it went through, free 1B if it didn't.
Sat Jul 9, 2022, 10:55 AM
Jul 2022

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)
11. Just ask the shareholders
Sat Jul 9, 2022, 10:59 AM
Jul 2022

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.

C_U_L8R

(45,031 posts)
15. If it was indeed a genuine offer.
Sat Jul 9, 2022, 01:13 PM
Jul 2022

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.

WarGamer

(12,494 posts)
19. It's important to differentiate between Elon the Clown...
Sat Jul 9, 2022, 03:06 PM
Jul 2022

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.

Cha

(297,934 posts)
24. I agree.. Not Important At all..
Sat Jul 9, 2022, 03:38 PM
Jul 2022

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

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

Cha

(297,934 posts)
27. Not Impressed in light of those
Sat Jul 9, 2022, 03:55 PM
Jul 2022

Fascist trump Supporting Psychotic statements he Tweets.

FYI.. I'm with Richard Signorelli..



BannonsLiver

(16,542 posts)
28. Absolutely
Sat Jul 9, 2022, 03:58 PM
Jul 2022

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

But hey, rockets and batteries!

Cha

(297,934 posts)
23. Musk is a dangerous Fascist Psycho..
Sat Jul 9, 2022, 03:35 PM
Jul 2022

there's no "clown" about it.

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

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