Musk acquiring Twitter...

[92tide]

Musk threatens to walk away from Twitter deal

DETROIT (AP) — Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.

www.ajc.com

 

[TexasBama]

Musk threatens to walk away from Twitter deal

DETROIT (AP) — Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.

www.ajc.com

View attachment 25432

He take a crap in the nest and then bolts. Sounds like someone that used to be on twitter.

 

[TIDE-HSV]

He take a crap in the nest and then bolts. Sounds like someone that used to be on twitter.

They should ban him. He uses it frequently to manipulate the market...

 

[deliveryman35]

No fan of EM here, but IF I’m going to buy a business and fraud is uncovered in the books pre-acquisition date and confirmed by a third party auditor, I don’t know about the rest of you but the deal would be off.

 

[NationalTitles18]

No fan of EM here, but IF I’m going to buy a business and fraud is uncovered in the books pre-acquisition date and confirmed by a third party auditor, I don’t know about the rest of you but the deal would be off.

Sure - if that had happened, which it hasn’t.

 

[TIDE-HSV]

I predicted way back that he would fall out of love with the deal...

 

[TexasBama]

The Texas AG carrying Elon’s water

Texas AG launches investigation against Twitter for allegedly misreporting fake bot accounts

Texas Attorney General Ken Paxton has launched an investigation against Twitter for allegedly misreporting its bots, hurting businesses and consumers.

www.foxbusiness.com

 

[TIDE-HSV]

The Texas AG carrying Elon’s water

Texas AG launches investigation against Twitter for allegedly misreporting fake bot accounts

Texas Attorney General Ken Paxton has launched an investigation against Twitter for allegedly misreporting its bots, hurting businesses and consumers.

www.foxbusiness.com

Is he not under indictment already?

 

[92tide]

Is he not under indictment already?

yes, he is. since 2015

 

[TexasBama]

Is he not under indictment already?

He was indicted for felony securities fraud in 2015 (still in progress), has a whistleblower case against him in progress, and an ethics complaint by the State Bar in progress.

 

[92tide]

He was indicted for felony securities fraud in 2015 (still in progress), has a whistleblower case against him in progress, and an ethics complaint by the State Bar in progress.

but her emails

 

[NationalTitles18]

If Tesla's board has any sense they will force him out as CEO.

https://www.bizjournals.com/sanjose/news/2022/06/06/elon-musk-walks-back-talk-of-tesla-job-cuts.html?ana=TRUEANTHEMFB_JO&csrc=6398&utm_campaign=trueAnthem%3A%20New%20Content%20(Feed)&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR0BCVmafKAaGoSDpeK3xW-BSse5nGE6srL_EtY0RR7AYfB-yXSABFZKp68

 

[TIDE-HSV]

If Tesla's board has any sense they will force him out as CEO.

https://www.bizjournals.com/sanjose/news/2022/06/06/elon-musk-walks-back-talk-of-tesla-job-cuts.html?ana=TRUEANTHEMFB_JO&csrc=6398&utm_campaign=trueAnthem%3A%20New%20Content%20(Feed)&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR0BCVmafKAaGoSDpeK3xW-BSse5nGE6srL_EtY0RR7AYfB-yXSABFZKp68

I thought he already was?

 

[NationalTitles18]

I thought he already was?

Not that I nor the internet know of...

 

[crimsonaudio]

I thought he already was?

Due to his settlement with the SEC he was forced to step down as chairman but remained CEO.

 

[NationalTitles18]

Here's why Elon Musk cannot just walk away from the Twitter deal (NYSE:TWTR)

Things are getting chaotic in the Elon Musk-Twitter (TWTR) saga after the billionaire warned that he could walk away from the $44B acquisition if the platform does not provide...

seekingalpha.com

Snapshot: It's even more interesting as Elon Musk didn't want to do any extensive due diligence when abruptly announcing the deal back in April. At the time, he wanted to complete the acquisition as soon as possible, but then slammed the brakes over the bots issue, which is not the first time the topic has surfaced. While Musk has agreed to pay $54.20 per share for Twitter (TWTR), the company's stock price is now trading at $39.56, which is significantly lower than where things stood even several weeks ago. "It's fairly obvious that Musk has buyer's remorse and he is trying whatever to get a reduction in price, and I think he may succeed," said Dennis Dick, a prop trader at Bright Trading.

From a legal perspective, the only way Musk could abandon the deal is a refusal from the banks to provide financing or regulators block the transaction. Lawyers for the Tesla (TSLA) CEO may be trying to link the bots issue to his ability to secure financing, allowing him to walk away by paying a $1B breakup fee (Texas on Monday opened a separate investigation into Twitter's alleged fake accounts based on the state's Deceptive Trade Practices Act). However, Twitter's (TWTR) disclaimers used in its projections on spam accounts and a "specific performance" clause could give it protection against potential lawsuits, and Musk would have to prove that he was willfully misled (which is a high legal threshold).

 

[Bazza]

https://twitter.com/i/web/status/1536973965394157569

 

[TIDE-HSV]

https://twitter.com/i/web/status/1536973965394157569

Won't last...

 

[92tide]

Won't last...

he's just trying to gin up excitement in his fanbois. trump did very similar on his lead up to getting into the 2016 race

 

[TexasBama]

Elon Musk Announces Purchase of Ron DeSantis

“This whole thing could go south if it turns out, as many suspect, that DeSantis is a bot,” a strategist warned.

www.newyorker.com