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Twitter is pursuing legal action to enforce Elon’s merger agreement. LOL

Posted on 7/8/22 at 5:01 pm
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8319 posts
Posted on 7/8/22 at 5:01 pm
The criminals who have committed massive fraud. Imagine that!

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.

LINK

Twitter says it will sue Elon Musk to complete the $44B merger he just rejected and is "confident" it will prevail - AP
This post was edited on 7/8/22 at 5:10 pm
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
36475 posts
Posted on 7/8/22 at 5:02 pm to
Musk set them up. I don't think he ever wanted to buy it. They're about to be exposed.
Posted by Chrome
Chromeville
Member since Nov 2007
10434 posts
Posted on 7/8/22 at 5:03 pm to
LOL! This should go over well. They are hopelessly screwed.

Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31498 posts
Posted on 7/8/22 at 5:03 pm to
quote:

Twitter is pursuing legal action to enforce Elon’s merger agreement. LOL


Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3126 posts
Posted on 7/8/22 at 5:03 pm to
Now they need for him to buy them so they don't have to answer to their stockholders.
Posted by Strannix
District 11
Member since Dec 2012
49168 posts
Posted on 7/8/22 at 5:04 pm to
Discovery will be fun, the board may wind up in prison.
Posted by Decatur
Member since Mar 2007
28719 posts
Posted on 7/8/22 at 5:04 pm to
quote:

Twitter is pursuing legal action to enforce Elon’s merger agreement.


Posted by imjustafatkid
Alabama
Member since Dec 2011
51161 posts
Posted on 7/8/22 at 5:05 pm to
Wow. I hope he forces them to provide the documents he's requested in discovery.
This post was edited on 7/8/22 at 5:29 pm
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 7/8/22 at 5:10 pm to
quote:

Twitter is pursuing legal action to enforce Elon’s merger agreement.


no they wont, because the info they refused to show him they will have to show publicly in court on the record in order to purse it and there is no way they can do that

they are bluffing without any cards to show and he knows this, its not like he was ever scared of those karens but this is epic level screaming karens BS
Posted by idlewatcher
County Jail
Member since Jan 2012
79673 posts
Posted on 7/8/22 at 5:23 pm to
I think Musk set the wheels in motion for the shareholders to bankrupt them
Posted by ninthward
Boston, MA
Member since May 2007
20534 posts
Posted on 7/8/22 at 5:27 pm to
quote:

Musk set them up. I don't think he ever wanted to buy it. They're about to be exposed.
,,or he will buy at a discount.
Posted by BBONDS25
Member since Mar 2008
49051 posts
Posted on 7/8/22 at 5:43 pm to
quote:

Decatur


A rare opportunity for us to completely agree.
Posted by ItzMe1972
Member since Dec 2013
9921 posts
Posted on 7/8/22 at 5:45 pm to
The discovery should be delightful!
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 7/8/22 at 5:46 pm to
quote:

I think Musk set the wheels in motion for the shareholders to bankrupt them



yep, and i think that is his end goal play here, crush it, let it crumble, then sweep in and buy it at the fire sale for 1/10th of its value after all the crooks are gone and out of the way. because you know those rats will be the first ones to bolt and take what they can on the way out the door.

all elon wants is the company, he doesnt care about anything or needs or wants anyone else coming with it
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
34446 posts
Posted on 7/8/22 at 5:47 pm to
quote:

Twitter is pursuing legal action to enforce Elon’s merger agreement. LOL

Discovery and those exposed algorithms are going to be a hoot and half in depositions.
Posted by Boomdaddy65201
BoCoMo
Member since Mar 2020
2683 posts
Posted on 7/8/22 at 6:00 pm to
quote:

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.


Posted by fjlee90
Baton Rouge
Member since Nov 2016
7867 posts
Posted on 7/8/22 at 6:01 pm to
quote:

Discovery will be fun, the board may wind up in prison.


My thoughts precisely.
Posted by EKG
Houston, TX
Member since Jun 2010
44208 posts
Posted on 7/8/22 at 6:03 pm to
quote:

Twitter says it will sue Elon Musk

This is as entertaining as the fedgov “forcing” the Biden Admin to protect the southern border.
Good stuff.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
61888 posts
Posted on 7/8/22 at 6:10 pm to
Welp, the end of days is truly upon us. I just up voted a Decatur post.

See y'all on Judgement Day.
Posted by j1897
Member since Nov 2011
3600 posts
Posted on 7/8/22 at 6:17 pm to
quote:

they are bluffing without any cards to show


No, not really. Funny how people are taking Elon's side on this one, dude makes the most outlandish promises, and rarely delivers on any of them.

Elon has made a grave mistake here, you can't just walk away from a merger like this. Also, FYI, without his twitter army, TSLA stock will get pummeled. That's literally the platform he created his fanboi's with.
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