Re:Twitter Deal Temporarily on Hold
by gsibble on Friday May 13, 2022 @11:06AM
(#31368608)
Of course there is formal due diligence. He basically gave them a term sheet and now they've opened their books. That's why he can walk away and pay $1 billion if he doesn't like what he sees.
[ Parent
| on HN ]
What due diligence occurs when buying a public company? We already have access to the company’s financial filings.
Re:Twitter Deal Temporarily on Hold
by outworlder on Friday May 13, 2022 @04:50PM
(#31372413)
So you are saying TWTR reported fraudulent financials?