By Kelvin Lee
… Yeah, that was the response of the world’s richest man Elon Musk to Twitter CEO Parag Agrawal after defending the social media’s platform measuring of spam accounts. I almost pity the counsel involved in this deal. In case you haven’t been following this mess, here’s a brief timeline of events:
April 4th – Musk announces a 9.2% stake in Twitter, making him the largest shareholder
April 14th – Musk offers to buy Twitter for $54.20/ share, approximately $43 billion
April 15th – Twitter adopts a Poison Pill hostile takeover measure
April 25th- Twitter agrees to sell to Musk
May 14th – Musk tweets that Twitter deal is on hold, due to fake account concerns
July 8th – Musk attempts to terminate his acquisition of Twitter
July 12th – Twitter files suit against Musk to close the deal
July 19th – Delaware Court of Chancery grants expedited October trial date for Twitter
In summary, Elon Musk was trying to buy twitter and now is trying to get out of buying Twitter. Clearly a headache for Twitter, its shareholders, Tesla’s shareholders, the financers, the army of lawyers involved, and I’d imagine for Musk as well. So how reasonably can Musk get out of this deal and more importantly, WHY? For more information visit our article — Opinion – Elon Musk Strikes Again
muhammad rafay 4 months ago
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! acim
muhammad rafay 4 months ago
Im no expert, but I believe you just made an excellent point. You certainly fully understand what youre speaking about, and I can truly get behind that. a course in miracles
muhammad rafay 4 months ago
Thanks for taking the time to discuss this, I feel strongly that love and read more on this topic. If possible, such as gain knowledge, would you mind updating your blog with additional information? It is very useful for me. acim