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Notice of termination of Twitter merger agreement

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Re: Notice of termination of Twitter merger agreement

#251

So then it looks like the "right wing" / anti-establishment tech pantheon is then set: Rumble, Brave, Truth Social, Subscribe Star Locals and Bitchute gave it a shot (and aren't dead yet). And an Elon owned Twitter might have been interesting, but at this point that's who the players are.

All of them are incredibly small though. Most conservatives still use regular social media.

Re: Notice of termination of Twitter merger agreement

#252

Could you commenters please make up your minds over whether you want the deal to go through or not? You all seem to hate that Musk would make Twitter more conservative so you don't want the deal to go through, but also make fun of him and torment him for pulling out as if you do want the deal to go through. You can't have it both ways. Either you want the deal consummated or you don't. Stop being such hypocrites.

We definitely can have it both ways. We don’t want him to buy Twitter - because he is an idiotic blowhard. Also we are happy he is backing out, because it demonstrates what an idiotic blowhard he is.

That's fine, but then you can't celebrate that he may be forced into buying it which a ton of comments here are doing.

Re: Notice of termination of Twitter merger agreement

#253
Twitter is responding with legal action:

“ Bret Tay­lor, chair­man of Twit­ter’s board of di­rec­tors, tweeted Fri­day af­ter­noon that the board plans to pur­sue le­gal ac­tion to en­force the deal at the price and terms orig­i­nally agreed upon.

We are con­fi­dent we will pre­vail in the Del­aware Court of Chancery,” Mr. Tay­lor tweeted. Parag Agrawal, Twit­ter’s chief ex­ec­u­tive, retweeted the mes­sage.“

https://www.wsj.com/articles/musk-says-he-is-terminating-twi...

Re: Notice of termination of Twitter merger agreement

#254
I can tell you Twitter took the not question seriously. I have only used twitter once when my company had a notice board you needed to tweet to, over 7 years ago.

After musk started talking about bots, I started getting a ungodly amount of twitter emails asking me to sign in and see watt my friends are doing ect. Over 10 a day for the last month or so.

My email is literally filled with twitter emails trying to activate my inactive account to temporary inflate their numbers.

Musk didn't have buyers remorse, we entered a huge market crash in the middle of the deal, so twitter was not worth nearly as much. Likely worth around $15 USD per share.

Everyone knows twitter is majority bots, gpt influence accounts. Musk was using that angle because they would never admit to it publicly as it would likely have stock or legal issues.

He likely still wants to but twitter at the current market value, not yesterdays current value.

Re: Notice of termination of Twitter merger agreement

#255
Tesla needs to focus. Two major assembly plants are down for line rework because the line runs too slowly. The battery factories are behind schedule. Solar roof installations are way under goal, despite high energy prices. "Self driving" is a flop. And whatever happened to the Cybertruck?

Tesla is a car company. They need to focus on making cars. They're past the startup stage. To grow into that bloated market cap, they need to make a lot more cars. Production. That dull and boring stuff Detroit and Toyota do well.

Re: Notice of termination of Twitter merger agreement

#256
post #113

I'm ready for the fireworks. Odds are he will be forced to go through with it, but he will negotiate a lower price. Edit: This is over the mDAU thing still? It's been explained to him very slowly that all the bots that post tweets all day are often not seeing ads, right? That the "monetizable" is a key part of that phrase?

If this goes to the courts then the only two options are he gets to back out entirely or he pays the originally agreed price. There's a chance of a settlement where Twitter agrees to sell for significantly less than that, but (1) there's zero incentive for them to do so and (2) they will definitely not get shareholder approval for that. One thing for sure though is that a lot of lawyers are about to make a lot of mon…

> a lot of lawyers are about to make a lot of money.

The one thing written in this thread that I am 100% confident is true.

Re: Notice of termination of Twitter merger agreement

#257

Earlier quoted context omitted.

They still don't want him to do it, it's just funny that he's being forced into doing it now. It's not hypocritical to laugh at him for that.

HARD disagree. If you don't want him to own it, you should be happy he's walking away.

We don't want him to own it, but if he's being forced to after making all the self-righteous fuss earlier this year, it's extremely funny.

Re: Notice of termination of Twitter merger agreement

#258

It seems apparent to this observer that he developed cold feet pretty fast after an impetuous decision, and has been looking for any reason to back out of it since then. The spam accounts angle seems like a convenient scapegoat, rather than a real surprise to him. He's clearly eccentric in his approach to decision making: I don't think any Harvard Business School course will teach "the Musk Principles". But it's uncl…

He is a man who owns and can raise massive amounts of money and promise smart people the ability to build something they want to build. That he gets so much credit for his ventures is a very strange thing to me given how many he has vs how few hours in the day he must have to actually pay any attention to them.

Re: Notice of termination of Twitter merger agreement

#259
post #180
post #39

This was obvious from the moment he brought up the fake accounts problem. The stock market (especially tech) tanked, other investors started having cold feet, and he realized his purchase was a mistake. It is bizarre though that Twitter leadership/board continued to engage with him on the matter – even handing him internal data to analyze – expecting a good faith resolution. Nothing Musk has done in the last few mont…

>Nothing Musk has done in the last few months has been in good faith. Isn't this itself arguing in bad faith? It's fundamentally speculative to make claims about his intentions.

Musk has lied repeatedly in public, so it's difficult to assume good faith from him.

Re: Notice of termination of Twitter merger agreement

#260
post #154

An alternative theory all the people who have being really upset about him buying Twitter are now actually cheering for him to be forced to buy it. So he got to shift the sentiment for free :)

There's something really messed up and confusing about all the people complaining about him buying twitter now complaining he's backing out of the deal. Most of the people in these comments are hypocrites.

That's not how hypocrisy works.
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