Re:Notice of termination of Twitter merger agreement
by cookingrobot on Saturday July 09, 2022 @04:06AM
(#32032976)
They’re saying that if everyone just did what they agreed to do:
- Musk would give Twitter shareholders $44B in cash,
- Twitter shareholders would give Musk ownership of the company.
Note that today, Twitter is worth $28B.
So the agreed deal essentially gives the shareholders $16B in profit.
So a judge might tell Musk he can’t back out and has to buy Twitter for $44B like he said he would.
Or it might let him just give the shareholders $16B and not get the company.
Re:Notice of termination of Twitter merger agreement
by 988747 on Saturday July 09, 2022 @07:12PM
(#32040197)
Typically, if you want to distribute money to each and every shareholder you pay them dividend. Must would only need to wire money to Twitter corporate account first.
Note that today, Twitter is worth $28B. So the agreed deal essentially gives the shareholders $16B in profit.
So a judge might tell Musk he can’t back out and has to buy Twitter for $44B like he said he would. Or it might let him just give the shareholders $16B and not get the company.