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Re:Notice of termination of Twitter merger agreement by drexlspivey on Saturday July 09, 2022 @06:55AM (#32033810)
Can they force all the banks that agreed to loan them money to go through with it?
Re:Notice of termination of Twitter merger agreement by ryanbrunner on Saturday July 09, 2022 @10:29AM (#32035426)
How Musk gets the money in order to fulfill a contract he's entered into is immaterial unless he goes completely insolvent and still can't fulfill it, which will not be the case.
Re:Notice of termination of Twitter merger agreement by Ensorceled on Saturday July 09, 2022 @07:33AM (#32034024)
They can force Musk to sell his other assets to complete the deal.
Re:Notice of termination of Twitter merger agreement by HWR_14 on Saturday July 09, 2022 @11:03AM (#32035695)
As long as Musk has ~40 billion of Tesla stock and can get ~20 billion additional dollars in cash (can get, not just has already), yes.
Re:Notice of termination of Twitter merger agreement by ljlolel on Saturday July 09, 2022 @07:38AM (#32034062)
They can force his banks to sell enough Tsla shares to buy it
Re:Notice of termination of Twitter merger agreement by colinmhayes on Saturday July 09, 2022 @09:57AM (#32035132)
The banks also signed contracts stating they’d loan the money using Tesla shares and Twitter equity as collateral. They can’t get out of that contract just because musk wants them too.