Twitter’s lawsuit is on strongest ground when it shows just how erratic Musk can be.The lawsuit points out how he began by secretly and maybe illegally accumulating a significant stake in the compa…
Musk is the world’s richest man, also someone who thinks he can get away with anything.He’ll have to go through with the his initial $44 billion purchase., I’m not so sure how this will end up other than providing a huge payday for all the lawyers involved.Twitter is very popular, but controversy has surrounded the company since it went public in 2013.. For all its relevance, Twitter has long shafted shareholders. It often still loses money.
When he initially spoke to the board about his investment, he acted like a friend looking to help current management as a board member. But that quickly changed. Unexpectedly, he hit them with demands to accept his “best and final offer” of $44 billion, waved due diligence, and threatened to go to war unless Twitter relented, the lawsuit shows.
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