Here's an interesting logical flow chart of what happens next
https://www.axios.com/2022/07/08/elon-mu...rt-lawsuit
So if play out the renegotiation option, Elon might say, well darn the stock's at $35, I'll buy it now for $42.00/$44.20 (Note the 420 references)
I had thought had he tried to walk away, the break-up fee was $1 billion. Apparently, though the judge could order Elon to buy Twitter at $54.20 a share if Twitter pushes for a court battle which is the direction they are going.
Tesla's stock is down, and he pissed off a lot of people by getting all political.
So what's the point of all this if he doesn't buy Twitter?
Twitter's stock price is now 47% below the purchase price. I wonder what would be the betting odds he still buys it?
https://www.axios.com/2022/07/08/elon-mu...rt-lawsuit
So if play out the renegotiation option, Elon might say, well darn the stock's at $35, I'll buy it now for $42.00/$44.20 (Note the 420 references)
I had thought had he tried to walk away, the break-up fee was $1 billion. Apparently, though the judge could order Elon to buy Twitter at $54.20 a share if Twitter pushes for a court battle which is the direction they are going.
Tesla's stock is down, and he pissed off a lot of people by getting all political.
So what's the point of all this if he doesn't buy Twitter?
Twitter's stock price is now 47% below the purchase price. I wonder what would be the betting odds he still buys it?
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Degrees: BA Comp Sci; BS Business Admin (CIS); AS Nat Sci & Math — TESU (4.0 GPA)
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Degrees: BA Comp Sci; BS Business Admin (CIS); AS Nat Sci & Math — TESU (4.0 GPA)
Certs: Google (IT Support, Digital Marketing, Proj Mgmt); W3Schools PHP
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