News for hackers. Stuff that matters.
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.
Re:Twitter Deal Temporarily on Hold by josho on Friday May 13, 2022 @03:15PM (#31371503)
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?