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michaelwilson | 3 years ago
So it may just be another event which will drive Twitter's price down even further and make it a _worse_ deal for him.
From Bloomberg "The buyers could only back out of the agreement in the case of a material adverse effect, a high bar that excludes issues like market volatility or industry challenges." (https://www.bloomberg.com/news/newsletters/2022-07-13/elon-m...).
I suppose one could argue that the Whistleblower's report is "material adverse affect", something I'm sure will come out in the trial.
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