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re: Twitter board unanimously recommends Musk's takeover bid...Has Elon Bit off too much?
Posted on 6/26/22 at 8:43 am to cwill
Posted on 6/26/22 at 8:43 am to cwill
quote:
Mr. Musk also disclosed that his acquisition proposal was no longer subject to the completion of financing and business due diligence.
Musk's Amendment to his Schedule 13D filed on April 21:
quote:
The Proposal was (and remains) non-binding and, once negotiated and agreed upon, would be conditioned upon, among other things, the: (i) receipt of any required governmental approvals; (ii) confirmatory legal, regulatory, accounting and tax due diligence; and (iii) negotiation and execution of definitive agreements providing for the Proposed Transaction. At the time of delivery, the Proposal was also subject to the completion of financing and business due diligence, but it is no longer subject to financing as a result of the Reporting Person’s receipt of the financing commitments described below and is no longer subject to business due diligence.
LINK
Posted on 6/26/22 at 8:51 am to Decatur
quote:Words in a legal document mean something, every one of them. What is business due diligence?
business due diligence
Posted on 6/26/22 at 9:12 am to Decatur
quote:Hello?
What is business due diligence?
Decatur ??
Online
cwill ??
Online
Should we wait for billion$$billjamin, the TSLA dealmaker to weigh in??
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