It's the Board on behalf of the shareholders who are suing.
Twitter claims there is a legally binding agreement for Musk to buy the company at a set price. Unfortunately tech stocks have crashed in recent months and the agreed price is considerably higher than the company is now worth. Musk wants to pull out and is blaming Twitter for not complying with their side of the bargain.
Posted By: The Gaffer on July 13th 2022 at 09:17:51
Message Thread
- Elon Musk announces he's buying Twitter (General Chat) - Captain Bligh, Jul 13, 09:09:09
- actual reason why he's backing out... (General Chat) - oli470, Jul 13, 13:02:37
- ... (General Chat) - Tombs, Jul 13, 09:48:15
- Maybe within large groupings, people hold a range of different opinions on things. (n/m) (General Chat) - norwaay, Jul 13, 09:45:59
- It's a pity certain people seem oblivious to that on here 😁 (n/m) (General Chat) - Captain Bligh, Jul 13, 10:07:48
- I don't think people are oblivious to the existence of different views. (General Chat) - norwaay, Jul 13, 10:14:32
- It's a pity certain people seem oblivious to that on here 😁 (n/m) (General Chat) - Captain Bligh, Jul 13, 10:07:48
- Musk has played his hand perfectly (General Chat) - JoeyDeacon, Jul 13, 09:32:26
- ^^^^ Elon Fan Boy (n/m) (General Chat) - The Gaffer, Jul 13, 10:56:43
- Not at all (General Chat) - JoeyDeacon, Jul 13, 11:10:52
- Not a smart look for the high profile owner of an EV company... (General Chat) - Ben, Jul 13, 11:45:20
- The only people I see driving Teslas are distinctly (General Chat) - Captain Bligh, Jul 13, 13:01:08
- It doesn’t pay to alienate any sector of potential clients (General Chat) - JoeyDeacon, Jul 13, 12:51:40
- That's quite niche. Can't imagine many people would tick all 4 of those boxes (n/m) (General Chat) - Ken Dodds Dads Dog, Jul 13, 12:37:23
- Not sure it's a left vs right thing. Musk has flirted with Democrats and Republicans. (General Chat) - The Gaffer, Jul 13, 11:25:31
- Yes and he’ll look a fool (n/m) (General Chat) - JoeyDeacon, Jul 13, 12:52:56
- Not a smart look for the high profile owner of an EV company... (General Chat) - Ben, Jul 13, 11:45:20
- Not at all (General Chat) - JoeyDeacon, Jul 13, 11:10:52
- He already owns about 9% though doesn't he? (General Chat) - Captain Bligh, Jul 13, 09:53:16
- I thought the "number of bots" reason was a cover for tesla losing value (General Chat) - 51eve, Jul 13, 09:34:16
- ^^^^ Elon Fan Boy (n/m) (General Chat) - The Gaffer, Jul 13, 10:56:43
- It's the Board on behalf of the shareholders who are suing. (General Chat) - The Gaffer, Jul 13, 09:17:51
- Can’t believe the employees don’t own the company (n/m) (General Chat) - SCC 28, Jul 13, 09:26:48
- well the Board will own plenty (General Chat) - CWC, Jul 13, 11:06:36
- What’s the conflict? (General Chat) - SimonOTBC, Jul 13, 12:33:18
- company as a whole isn't it? (General Chat) - CWC, Jul 13, 13:58:11
- What I find odd is it's only ever made a profit twice, in 2018 and 2019. (n/m) (General Chat) - DrDublin, Jul 13, 12:05:21
- What’s the conflict? (General Chat) - SimonOTBC, Jul 13, 12:33:18
- well the Board will own plenty (General Chat) - CWC, Jul 13, 11:06:36
- I know he pulled out because of something about real (General Chat) - Captain Bligh, Jul 13, 09:25:35
- Can’t believe the employees don’t own the company (n/m) (General Chat) - SCC 28, Jul 13, 09:26:48
- Ask twitter (n/m) (General Chat) - ChampsChamps2023, Jul 13, 09:13:40
- Blub (n/m) (General Chat) - Wrath analytica, Jul 13, 09:29:39
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.