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Elon Musk Tells Twitter He Is “Terminating” His Acquisition of the Company
The Hollywood Reporter ^
| July 8, 2022
| Alex Weprin
Posted on 07/08/2022 2:33:26 PM PDT by fluorescence
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To: fluorescence
Dog caught the car and couldn’t chew.
2
posted on
07/08/2022 2:36:21 PM PDT
by
Marxmarvelous
(Nothing to fear but fear itself.)
To: fluorescence
appears to have made false and misleading representations
Great news
Twitter will be sued until it dies
To: fluorescence
This is a negotiation. Twitter is worth half his bid price.
To: Marxmarvelous
More like he put a bid on house from magazine pics and found out it was made of cardboard.
5
posted on
07/08/2022 2:39:10 PM PDT
by
gibsonguy
To: fluorescence
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.
6
posted on
07/08/2022 2:39:28 PM PDT
by
DoodleBob
(Gravity’s waiting period is about 9.8 m/s²)
To: fluorescence
He’s entirely correct. 44 Billion for a company publishing phony traffic stats is a major problem.
7
posted on
07/08/2022 2:40:19 PM PDT
by
Regulator
(It's fraud, Jim)
To: Regulator
Anyone remember Enron scandal? Did Twitter hire Arthur Andersen to do their books?
To: fluorescence
This will be fun to watch.
To: fluorescence
Twitter could not back up their claims regarding bots and fake accounts. Nor could they back up their claims that banning accounts was non-political. I don’t blame him for backing out. They do not have as many real accounts as they had indicated. That’s why just after his offer, many fake followers of those on the left just disappeared. They were trying to “clean” things up. Twitter will eventually go the way of MySpace, as will Facebook.
10
posted on
07/08/2022 2:44:18 PM PDT
by
CFW
To: fluorescence
Elon Musk Tells Twitter He Is “Terminating” His Acquisition of the Company Down goes Twitter! Down goes Twitter!
To: Vermont Lt
I hope we see a twitter implosion and death by financial fraud collapse.
12
posted on
07/08/2022 2:45:05 PM PDT
by
KC Burke
(If all the world is a stage, I would like to request my lighting be adjusted.)
To: fluorescence
DWAC shareholders:
13
posted on
07/08/2022 2:45:17 PM PDT
by
Theoria
To: Marxmarvelous
more like a cat that takes thew mouse out to a big parking lot and lets it lose so that it and other kittens can play with it before devouring it. Musk in the end will end up with the company or some other predator with money will devours it
14
posted on
07/08/2022 2:45:44 PM PDT
by
PCPOET7
(`)
To: JonPreston
This is a negotiation. Twitter is worth half his bid price.
Yep. If Twitter tries to sue then he can demand discovery. He wins either way.
15
posted on
07/08/2022 2:46:47 PM PDT
by
Gideon7
To: Flick Lives
I always listened to Howard Cosell’s “Speaking of Sports” morning radio update on the way to my office.
16
posted on
07/08/2022 2:46:54 PM PDT
by
newfreep
(“Leftism, under all of its brand names, is a severe, violent & evil mental disorder.”)
To: CFW
"Twitter could not back up their claims regarding bots and fake accounts. Nor could they back up their claims that banning accounts was non-political. I don’t blame him for backing out." I suspect his plan all along may have been to make that a matter of public record.
To: Theoria
To: CFW
He knew he wasn’t going to go through with the deal from the get go. He had many conservatives salivating that he was going to set things right and he got massive publicity, which was the real goal all along. I’m not sure why so many people saw him as some kind of savior.
19
posted on
07/08/2022 2:50:57 PM PDT
by
chickenlips
(Neuter your politicians)
To: fluorescence
I knew it, he was never going to buy it.
20
posted on
07/08/2022 2:54:50 PM PDT
by
Husker24
(Pp)
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