Musk actually buys Twitter.

[Bear Ribs]

Hmm, forgot to add a favorite comment. Here we go:



EDIT: Kay, looks like the lawsuit is legit, I've found a few more sources now.

Twitter CEO Parag Agrawal ‘willing to go to war’ to make Elon Musk deal happen

Twitter CEO Parag Agrawal is “willing to go to war” to make Elon Musk follow through on his $44 billion acquisition of the social media giant amid reports that the deal could be in jeop…

nypost.com

Twitter says it will sue Elon Musk to complete the $44B merger he just rejected and is "confident" it will prevail

Twitter says it will sue Elon Musk to complete the $44B merger he just rejected and is "confident" it will prevail

abcnews.go.com

https://www.yahoo.com/lifestyle/elon-musk-terminates-deal-buy-213856507.html

 

[The Whispering Monk]

Now they want off the sinking ship, and they're stuck with it.

And Twitter stock is going to crumble b/c of this stupidity. Good job idiots...now you've granted Elon Musk discovery too!

 

[Robovski]

They want that (apparently) hugely inflated price for the company. Looking forward to discovery and all the dirty laundry.

 

[Carrot of Truth]

Could come back later and probably buy Twitter for a fraction of the cost after its stock tanks.

 

[Sobek]

Yeah pretty much. They didn't want to sell, got forced into it by Musk making a good offer and the shareholders and government threatening them. Then when Musk demanded to actually see the goods they played hard to get, and now they crash.

 

[Mimas]

I'm wondering if twitter thought this lawsuit through, because discovery could end up being more damaging than what's already been exposed.

There's a reason that companies often try to settle rather than go to discovery, and I don't think tactics like running the opposition out of money because you're a corporation will work when it's against Elon Musk.

 

[Cherico]

I'm wondering if twitter thought this lawsuit through, because discovery could end up being more damaging than what's already been exposed.

There's a reason that companies often try to settle rather than go to discovery, and I don't think tactics like running the opposition out of money because you're a corporation will work when it's against Elon Musk.

Their at the point where they are pretty much fucked.

Fraud is a pretty big deal after all so I honestly think a few people are going to prison.

 

[Ixian]

I'm wondering if twitter thought this lawsuit through, because discovery could end up being more damaging than what's already been exposed.

There's a reason that companies often try to settle rather than go to discovery, and I don't think tactics like running the opposition out of money because you're a corporation will work when it's against Elon Musk.

They played a stupid game, and are now about to be rewarded their stupid prize.

 

[Zachowon]

What about discovery? The company that bought Warner Brothers?

 

[Skallagrim]

What about discovery? The company that bought Warner Brothers?

Judicial discovery, Zachowan.

It's where a party to a lawsuit can (among other things) issue subpoenas, and the requested information has to be handed over. It becomes part of the record, too. So all that stuff Twitter didn't want to show to Musk? They'll be forced to show all of that, and probably far more, to a far broader audience...

To put it another way: making this a lawsuit is the best way, bar none, to have the whole world see just how rotten Twitter is on the inside.

 

[Zachowon]

Sorry just seemed woerd and I had no idea.
Thanks

 

[Lord Sovereign]

I understand that Elon is playing games with Twitter, but I do wish he'd just bite the bullet and get it out of the left's hands.

 

[Cherico]

I understand that Elon is playing games with Twitter, but I do wish he'd just bite the bullet and get it out of the left's hands.

if you can get a thing for half the price and purge the old board by getting them tossed in to jail for fraud so you have complete control why not?

 

[Lord Sovereign]

if you can get a thing for half the price and purge the old board by getting them tossed in to jail for fraud so you have complete control why not?

Because it gives the bastards time/wiggle room. Strike while the anvil is hot.

 

[Karmic Acumen]

Their at the point where they are pretty much fucked.

Fraud is a pretty big deal after all so I honestly think a few people are going to prison.

Oh if only.

Now I don't want to play devil's advocate, but there might be a tiny, little, 0.05% of a chance that Elon is redirecting resource towards that absurd Doge coin lawsuit. Assuming there's any substance to it anyway.

 

[Skallagrim]

Because it gives the bastards time/wiggle room. Strike while the anvil is hot.

There are cases -- and I'm not saying this is definitely such a case, but there are cases -- where wiggling only tightens the noose.

 

[Lord Sovereign]

There are cases -- and I'm not saying this is definitely such a case, but there are cases -- where wiggling only tightens the noose.

To add credence to your point, "never interrupt your enemy when he is making a mistake", I suppose.

 

[Skallagrim]

To add credence to your point, "never interrupt your enemy when he's making a mistake", I suppose.

Although to be fair to your point: Napoleon (who famously said that) didn't end up winning.

 

[Bacle]

They've suspended Elon's account.

https://twitter.com/eIonmusk

The Twitter execs must be really in the shit if they think this actually will help anything.

Edit: Appears this was a fake account that pretended to be Elon.

 

[Cherico]

They've suspended Elon's account.

https://twitter.com/eIonmusk

The Twitter execs must be really in the shit if they think this actually will help anything.

at that point your just adding fuel to the fire.