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class4behavior | 2 years ago

Due diligence usually refers to the review of the asset you're trying to acquire. There weren't any significant surprises about Twitter's state. Elon's issue was Elon.

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WoahNoun|2 years ago

Elon specifically waived the ability to withdraw because of post-signing due diligence in his offer to twitter's board. It's one of the (many) reasons he had little ability to get out of the deal once he changed his mind.

class4behavior|2 years ago

Sure, but how does that address what I said?

As I just argued, due diligence wouldn't have uncovered any surprises. It's merely that Elon could have used the process to ascertain what consequences the acquisition would have for his own assets (compatibility/marketing audit) and what his ideas would lead to.