Re:Twitter Sues Musk After He Tries Backing Out of $44B Deal
by paulpauper on Tuesday July 12, 2022 @05:16PM
(#32075796)
I think it's very unlikely twitter gets $44 billion. More likely elon will pay a fine or negotiate a lower price.
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Re:Twitter Sues Musk After He Tries Backing Out of $44B Deal
by minimaxir on Tuesday July 12, 2022 @05:21PM
(#32075842)
It's too late for both possibilities.
The only way Elon pays less money is if it's a settlement in which he does not get ownership of Twitter. (or wins the lawsuit)
Re:Twitter Sues Musk After He Tries Backing Out of $44B Deal
by TillE on Tuesday July 12, 2022 @06:17PM
(#32076405)
I can't imagine Twitter accepting less than $10 billion or so, given the damage this has caused to the company and its stock price, and I can't imagine Musk agreeing to pay that much for nothing.
It's pretty unusual for a lawsuit, but I would expect this one to end with the judge having to enforce the contract.