Could you link to the above information please.A trans person has about a 1 in 2 chance of being assaulted in the bathroom, a 1 in 5 chance of being assaulted by a police officer, and a 1 in 3 chance of attempting suicide before the age of 30. The death in custody rate for transgendered people is very high, but it is very difficult to get numbers out of "law" enforcement. "Law" enforcement is so hostile that many trans people consider the police to just be another criminal gang looking to shake them down.
Could you link to the above information please.
I apologize.Leeea,
I was not criticizing you. I was just trying to find a source for the first line you posted.
I was trying to help Greenman, not start a war.
Sorry.
Yes, if Twitter wants to they have a pretty decent shot at forcing him to complete the sale. I imagine the end result would be some negotiated settlement but they really might be able to sock him for more than the $1 billion breakup fee.He should still be beholden by the contract AFAIK. Them thinking it's not accurate can't get him out of it.
Yes, if Twitter wants to they have a pretty decent shot at forcing him to complete the sale. I imagine the end result would be some negotiated settlement but they really might be able to sock him for more than the $1 billion breakup fee.
I hope Twitter will force him to complete the sale. Poor Musk, no one will shed a tear except for maybe a few fanboys.Yes, if Twitter wants to they have a pretty decent shot at forcing him to complete the sale. I imagine the end result would be some negotiated settlement but they really might be able to sock him for more than the $1 billion breakup fee.
As well they should. Neuter his ability to manipulate markets by forcing him to take a bath on his dipshit decisions.Haven't read the contract but I wonder if the liability also extends to the "others" that backed the deal? It wasn't just Musk's money being put at risk.
I haven't read the contract either and am not a lawyer but I thought he just had basically handshake funding commitments from the other people and they hadn't signed on to the deal or whatever.Haven't read the contract but I wonder if the liability also extends to the "others" that backed the deal? It wasn't just Musk's money being put at risk.
LOLWell, he filed to pull out.
Elon Musk files to pull out of Twitter deal
It’s unclear what happens next, but Twitter could go to court to force him to finish the deal.
Elon Musk is terminating his $44 billion deal to buy Twitter, according to a filing the billionaire made with the Securities and Exchange Commission Friday.
Musk’s lawyers sent a letter to Twitter saying he is “terminating their merger agreement,” according to the filing.
Musk argues he has a right to drop out of the deal because Twitter hasn’t given him enough information about the company’s business.
But legal experts say Musk can’t just walk away from the deal. His April agreement to buy the company included a commitment to go through with the acquisition unless there’s a major change to the business, and legal experts say nothing has happened to meet that threshold. Musk has previously threatened to scuttle the deal if Twitter doesn’t give him more data to run his own analysis on how many spam bots it has, while Twitter has said it can’t give up personal info on its users like their names, emails and IP addresses, which it uses to come up with its own bot numbers.
Musk and Twitter did not immediately respond to requests for comment.
It’s unclear what will happen next, though experts have said a big legal battle would be likely if Musk tried to walk away. In a June statement, the company said: “We intend to close the transaction and enforce the merger agreement at the agreed price and terms.” Even if Twitter accepts his argument, Musk will likely have to pay a $1 billion breakup fee.
In the letter to Twitter, Musk’s lawyers accused Twitter of having “failed or refused to” hand over information that would help Musk and his team ascertain the true number of bots or spam accounts on the website.
“Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information,” the letter continues.
Musk shook up the social media world in April by agreeing to buy Twitter for $44 billion. He’s assembled a large group of co-investors, and leveraged his personal wealth to get the debt needed to finish the deal. But soon after his takeover announcement, a global sell-off in tech stocks eroded Musk’s own net worth, while making his $54 a share purchase price look like a serious overvaluation of Twitter.
Musk skeptics have said he made up the argument about bots simply to find a reason to get out of what he now saw as a bad deal. Musk himself knew about Twitter’s spam problem, and mentioned it as one of the reasons he wanted to buy the company in the first place.
Wall Street has been skeptical Musk will complete the deal for months. Twitter’s stock price is around $37 today, down nearly 30 percent from the $52 it traded at the day he made his acquisition announcement.
The filing came after The Washington Post reported Thursday that the deal was in serious jeopardy, with one of the co-investors not hearing from Musk’s team for weeks, according to people familiar with the situation who spoke on the condition of anonymity to discuss sensitive matters.
Also apparently the only thing he know how to pull out of.Well, he filed to pull out.
Elon Musk files to pull out of Twitter deal
It’s unclear what happens next, but Twitter could go to court to force him to finish the deal.
Elon Musk is terminating his $44 billion deal to buy Twitter, according to a filing the billionaire made with the Securities and Exchange Commission Friday.
Musk’s lawyers sent a letter to Twitter saying he is “terminating their merger agreement,” according to the filing.
Musk argues he has a right to drop out of the deal because Twitter hasn’t given him enough information about the company’s business.
But legal experts say Musk can’t just walk away from the deal. His April agreement to buy the company included a commitment to go through with the acquisition unless there’s a major change to the business, and legal experts say nothing has happened to meet that threshold. Musk has previously threatened to scuttle the deal if Twitter doesn’t give him more data to run his own analysis on how many spam bots it has, while Twitter has said it can’t give up personal info on its users like their names, emails and IP addresses, which it uses to come up with its own bot numbers.
Musk and Twitter did not immediately respond to requests for comment.
It’s unclear what will happen next, though experts have said a big legal battle would be likely if Musk tried to walk away. In a June statement, the company said: “We intend to close the transaction and enforce the merger agreement at the agreed price and terms.” Even if Twitter accepts his argument, Musk will likely have to pay a $1 billion breakup fee.
In the letter to Twitter, Musk’s lawyers accused Twitter of having “failed or refused to” hand over information that would help Musk and his team ascertain the true number of bots or spam accounts on the website.
“Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information,” the letter continues.
Musk shook up the social media world in April by agreeing to buy Twitter for $44 billion. He’s assembled a large group of co-investors, and leveraged his personal wealth to get the debt needed to finish the deal. But soon after his takeover announcement, a global sell-off in tech stocks eroded Musk’s own net worth, while making his $54 a share purchase price look like a serious overvaluation of Twitter.
Musk skeptics have said he made up the argument about bots simply to find a reason to get out of what he now saw as a bad deal. Musk himself knew about Twitter’s spam problem, and mentioned it as one of the reasons he wanted to buy the company in the first place.
Wall Street has been skeptical Musk will complete the deal for months. Twitter’s stock price is around $37 today, down nearly 30 percent from the $52 it traded at the day he made his acquisition announcement.
The filing came after The Washington Post reported Thursday that the deal was in serious jeopardy, with one of the co-investors not hearing from Musk’s team for weeks, according to people familiar with the situation who spoke on the condition of anonymity to discuss sensitive matters.