Re:Notice of termination of Twitter merger agreement
by wollsmoth on Friday July 08, 2022 @05:48PM
(#32027725)
Can twitter agree to release him from the agreement? For a fee? I know he has a $1B penalty but I didn't think that covered this current situation. Perhaps Twitter would be willing to forget the whole thing for $1.5B
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Re:Notice of termination of Twitter merger agreement
by TheCoelacanth on Friday July 08, 2022 @05:51PM
(#32027779)
Yes, but they could potentially get sued by their own shareholders if they let him off too easily.
Re:Notice of termination of Twitter merger agreement
by pasttense01 on Friday July 08, 2022 @09:34PM
(#32030419)
And note Musk did a great deal of damage to the company. On hearing that he wanted to change the character of the company; that he was going to lay off a huge number of people; that he was going to make existing employees work much harder... many of the best and brightest left.