https://www.cnn.com/2022/06/21/tech/twitter-board-musk-acquisition-shareholder-vote/index.html
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Christ is this still ongoing Twitter needs to close on this fast. At this point Musk is the one who should walk away, if twitter could get that full deal out of him rather than the $1B walk away fee they need to aggressively pursue it.
Musk never had the option to back out after Twitter's board accepted his offer. The $1B fee was for the case where the DOJ or FTC blocked the deal but it's too late for that now.
Oh I know - but you see BS around the internet, blind included, about him walking away and being “in the hook” for a $1B fee. If he could actually walk away I think he would at this point. I’ve watched a couple breakdowns on the deal terms, and there’s no VALID reason that would enable him to walk away and pay that fee, either way Twitter can go after him for the full amount.
These board members = 🤡
Total of zero people surprised