Re:Twitter plans to comply with Musk’s demands for data
by trs8080 on Thursday June 09, 2022 @04:32PM
(#31686437)
There was no false information provided by Twitter /because he waived due diligence/.
> Musk waived due diligence when he moved to buy the company, seemingly to hasten the acceptance of his bid.
> He wrote in a letter to Twitter Chairman Bret Taylor on April 24, "As we discussed, $54.20 has been and will remain my best and final offer, period. This is binary – my offer will either be accepted or I will exit my position."
> Twitter announced the company had accepted his offer the next day.
> But in the weeks that followed, Musk vocally criticized Twitter during media interviews and on Twitter, where he has tens of millions of followers.
> Musk waived due diligence when he moved to buy the company, seemingly to hasten the acceptance of his bid.
> He wrote in a letter to Twitter Chairman Bret Taylor on April 24, "As we discussed, $54.20 has been and will remain my best and final offer, period. This is binary – my offer will either be accepted or I will exit my position."
> Twitter announced the company had accepted his offer the next day.
> But in the weeks that followed, Musk vocally criticized Twitter during media interviews and on Twitter, where he has tens of millions of followers.