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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 rajnathani on Saturday July 09, 2022 @07:35AM (#32034046)
IIRC there’s just a $1B penalty in the acquisition clause for Musk if the transaction doesn’t go through.
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Re:Notice of termination of Twitter merger agreement by paulcole on Saturday July 09, 2022 @07:43AM (#32034105)
You don’t remember correctly.

The breakup fee is if an outside influence prevents the deal from going through. It’s not just for cases of “uh-uh i don’t wanna.”

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