Re:Twitter plans to comply with Musk’s demands for data
by colechristensen on Friday June 10, 2022 @12:09AM
(#31689925)
We’re just watching an acquisition game involving avoiding lawsuits and liability, exactly what each player is after is a mystery but it’s all to maximize outcome and minimize liability.
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Re:Twitter plans to comply with Musk’s demands for data
by kmonsen on Friday June 10, 2022 @12:54AM
(#31690203)
It's not a mystery. All tech stocks, including Twitter and Tesla, have teamed after Elon's offer. So now he doesn't want to buy it at all, or not for this price. So he is trying to find an excuse.
Re:Twitter plans to comply with Musk’s demands for data
by umeshunni on Friday June 10, 2022 @01:15AM
(#31690320)
Very likely he's looking for a discount.
Re:Twitter plans to comply with Musk’s demands for data
by kmonsen on Friday June 10, 2022 @01:28AM
(#31690390)
Maybe, I think he doesn't want to buy at all. With TSLA down almost 50% since he proposed to buy it based on loans against his stocks it would be very expensive for him at any price now.
But I mean who knows, your guess is as good as mine. I think it was an impulse buy and now he has regrets.
Re:Twitter plans to comply with Musk’s demands for data
by tinyhouse on Friday June 10, 2022 @09:23AM
(#31693811)
He doesn't have loans against his Tesla stock anymore. He replaced those.
Re:Twitter plans to comply with Musk’s demands for data
by cloutchaser on Friday June 10, 2022 @03:15AM
(#31691068)
So, does he not want to buy, or not under current market conditions? :)
Re:Twitter plans to comply with Musk’s demands for data
by skohan on Friday June 10, 2022 @02:14AM
(#31690685)
On what grounds would Twitter possibly offer a discount? He made an offer, filed with the SEC, and they accepted. As far as I understand he's currently contractually obligated to go through with it.