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Defiant Twitter: Board Plans Legal Action to ‘Enforce’ Musk Agreement
Breitbart ^ | 8 Jul 2022 | ALLUM Bokharal

Posted on 07/08/2022 4:01:52 PM PDT by conservative98

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1 posted on 07/08/2022 4:01:52 PM PDT by conservative98
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To: conservative98

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.— Bret Taylor (@btaylor) July 8, 2022

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Stuid lib run company can't make up its mind.

2 posted on 07/08/2022 4:03:00 PM PDT by conservative98
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To: conservative98

This will hinge on whether or not the MAC clause was indeed triggered.
Also, if Twitter is in violation of SOX, the CFO and others are in serious trouble.


3 posted on 07/08/2022 4:05:11 PM PDT by DoodleBob (Gravity’s waiting period is about 9.8 m/s²)
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To: conservative98

Discovery will be a hoot.
Who gets to take the depo of a bot?


4 posted on 07/08/2022 4:05:11 PM PDT by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: conservative98

Basically, it was because when Musk saw Twitter’s internals, he realized Twitter was one huge media driven fraud. They had less than half the users than they publicly claimed. Twitter is pretty much just a site where bots are spamming tweets to other bots.


5 posted on 07/08/2022 4:07:17 PM PDT by apillar
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To: apillar

https://theconservativetreehouse.com/blog/2022/07/08/elon-musk-terminates-twitter-purchase-deal-citing-material-breach-of-agreement-by-company-refusing-to-provide-access-to-data/

Maybe TWTR is funded by us.


6 posted on 07/08/2022 4:09:31 PM PDT by Aria
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To: ptsal
Discovery will be a hoot.

Fake, inflated or falsified accounts come to mind. They likely misrepresented their value at the time he bid on them.

7 posted on 07/08/2022 4:09:57 PM PDT by pfflier
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To: conservative98

Wait, what, the Leftist tards that make up Twitter are not celebrating?! /s


8 posted on 07/08/2022 4:12:22 PM PDT by cranked
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To: conservative98

Twitter’s Kabuki theater is now open for seating.


9 posted on 07/08/2022 4:13:10 PM PDT by sergeantdave
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To: DoodleBob
This will hinge on whether or not the MAC clause was indeed triggered. Also, if Twitter is in violation of SOX, the CFO and others are in serious trouble.

I know what a CFO is. But MAC and SOX are a mystery at least in this context.

10 posted on 07/08/2022 4:13:48 PM PDT by InterceptPoint (Ted, you finally endorsed.)
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To: conservative98

Twatter


11 posted on 07/08/2022 4:16:24 PM PDT by Tommy Revolts
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To: conservative98

Fraud nullifies a contract.

How many ‘bots do you have, Tweety?


12 posted on 07/08/2022 4:17:28 PM PDT by E. Pluribus Unum (Contempt for pre-born human life breeds contempt for post-born human life.)
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To: conservative98

Musk: “I think I’ll buy Twitter.”

Twitter: “We hate you. Go away! You’re a free speech absolutist!”

Musk: “Twitter doesn’t look as good as I thought. Never mind.”

Twitter: “You can’t do that! We demand you buy us!”


13 posted on 07/08/2022 4:18:55 PM PDT by Flick Lives
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To: conservative98

I think that Musk always knew it was a fraud and used this to expose their fraud to everyone.


14 posted on 07/08/2022 4:18:58 PM PDT by TexasFreeper2009
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To: conservative98

Now they are demanding he buys. Ha!


15 posted on 07/08/2022 4:19:41 PM PDT by Don Corleone (leave the gun, take the canolis)
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To: pfflier

And how do you think the advertisers will take this news?

Paying 1st class advertising rates for made up stats!


16 posted on 07/08/2022 4:20:41 PM PDT by justme4now (Falsehood flies, and the Truth comes limping after it)
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To: conservative98

These little Nazi liberals are gonna have their homo asses handed to them.


17 posted on 07/08/2022 4:21:34 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: TexasFreeper2009

Yep, an internet Ponzi scheme so to speak with all those phony bots. Musk will walk away looking pretty.


18 posted on 07/08/2022 4:21:38 PM PDT by Fungi
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To: Fungi

my guess is twitter will be bankrupt in less than 5 years and gone.


19 posted on 07/08/2022 4:23:51 PM PDT by TexasFreeper2009
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To: TexasFreeper2009

If you’re the world’s richest cat you get to play with any mouse you want.


20 posted on 07/08/2022 4:28:14 PM PDT by Born in 1950 (Anti left, nothing else.)
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