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A comment on Notice of termination of Twitter merger agreement. Parent comment

Re:Notice of termination of Twitter merger agreement by christkv on Friday July 08, 2022 @05:58PM (#32027911)
Termination fee is like 1 billion I think so it will still be cheaper for him to back out and then buy it when its stock price crumples over the next couple of quarters.
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Re:Notice of termination of Twitter merger agreement by eloff on Friday July 08, 2022 @08:42PM (#32030081)
That's only in case he can't get financing. There's no option to pay $1B and walk away. Twitter can sue to force him to complete the deal under the contract they signed.

However I suspect the lawsuit to be settled rather than drag on for years. Probably he'll buy it at a reduced price or pay a larger termination fee to walk away.

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