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twoslide | 3 years ago

Most views I've heard are that it is quite impossible to force someone to buy a company, but rather there will be settlement to exit the deal.

discuss

dragonwriter|3 years ago

> Most views I've heard are that it is quite impossible to force someone to buy a company

Those views are simply ignorant; there are plenty of cases of the Delaware Court of Chancery ordering specific performance on merger deals. It is nothing even loosely similar to “quite impossible”.

zimpenfish|3 years ago

Indeed, Matt Levine covered one just yesterday[1] that seems to follow pretty much the same path the Twitter one is going...

[1] https://newsletterhunt.com/emails/21761

thomassmith65|3 years ago

Musk already bought the company. The issue is whether Twitter can force him to pay.

dragonwriter|3 years ago

> Musk already bought the company.

No, he didn't. If he did, the company wouldn't be suing him, since he would control it.