78 '90 percent bots': Billionaire Elon Musk puts his purchase of Twitter on hold until company can prove it's not a deep-state mass psychosis operation (citizens.news) posted 2 years ago by NotAGlowy 2 years ago by NotAGlowy +79 / -1 40 comments share 40 comments share save hide report block hide replies
If Musk can discredit the [claimed] user base vs. advertising revenue, it could crash the value of Twitter stock, then Musk can re-submit a buyout price at a lower number than the original offer.
Musk wins that way. Can it happen?
Musk currently has a contract forcing him to buy at $54.20. He has to convince a delaware judge to let him out of that first.
I personally think he will lose and be forced to buy it at the original price…
I believe this guy has the best analysis on mergers :
https://youtu.be/XXdmIETK6-0
Oof! I have lost all hope.