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A comment on Musk Says Twitter Must Prove Bot Claims for $44B Deal to Proceed. Parent comment

Re:Musk Says Twitter Must Prove Bot Claims for $44B Deal to ... by hollander on Tuesday May 17, 2022 @07:23AM (#31408827)
Twitter didn't want him to buy Twitter, so they should be happy to accept the $1B fine. Whether Musk follows the law or not, I think that anybody except maybe DT will be happy to see this deal fail.
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Re:Musk Says Twitter Must Prove Bot Claims for $44B Deal to ... by helsinkiandrew on Tuesday May 17, 2022 @07:42AM (#31409005)
The $1B fine is if Musk can't raise the capital - he's already submitted to the SEC how he has raised it - the contract gives Twitter the right to force him to close. Only a massive Tesla stock collapse would perhaps result in him being able to walk away with the $1B fine.
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Re:Musk Says Twitter Must Prove Bot Claims for $44B Deal to ... by bambax on Tuesday May 17, 2022 @07:49AM (#31409069)
As per the contract, he can't walk out and pay $1B. He absolutely has to buy.

Of course, everything can be negotiated. But should the other party not want to negotiate, they have the legal means to force him to buy.

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