Re:Judge sets October trial for Musk-Twitter takeover dispute
by klyrs on Tuesday July 19, 2022 @08:03PM
(#32159600)
He wants to pull out. The cheapest resolution for him is that he fails to get funding, and then he pays the $1B penalty. Last I heard, the commitments he's gotten for funds only last for a year. So, if he drags this into mid-2023, he won't be able to close the deal due to external factors and that's when the $1B penalty kicks in.
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