Musk Twitter Acquisition Drama

No. He signed the deal and secured funding. There is no way he can walk off now, no matter how confidently he says it.Twitter everyone else have every interest to make this thing go trough and they make it happen. He can sue everyone he want's from any wrongdoing but Twitter is going to be his.>The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident

Makes more financial sense to try to weasel out and say Twitter lied therefore the whole agreement is tossed out. This is Musk we're talking about.

My guess is Musk wants to punish them for making him go through with the deal _he agreed to_. He doesn't want to own Twitter and he's making them feel it.

So either:- Because Twitters stock price dipped, he's trying to renegotiate.- This whole thing wasn't a good faith bid to begin with, and Twitter should insist he pays the $1B exit clause.Ultimately if he exits without paying this has done Twitter (and their stockholders) harm without any benefit, and it almost feels like a stunt to distract from unrelated controversy surrounding Musk.

Why would twitter "force their sale to him"? My impression is that either side can back out by paying $1B

Is it possible Twitter is deliberately sabotaging the sale to Musk?

Truth, but:1) they say so, in sizeable font, at the bottom of the article2) they called very well that Musk would try to back out or get a better price on Twitter; they are often correct

Yes, Musk could have received that data and had time to analyze it before buying, these kind of merger contract processes have time built into them to allow prospective buyers to look into finances and other information that is not normally publicly available. Musk was so certain he wanted this that he signed additional documents waiving his right to a due diligence period, allowing him to immediately sign the merger agreement.This next bit is mainly speculation, but the reason Musk is actual

This could be more likely viewed as a über-rich person who toyed with a company, its investors & stockholders in bad faith. From the 62-page lawsuit document, Twitter seems to have complied with his ever-increasing demands for auditing the bot/spam problem although he acted so confident to waive off the due diligence. They gave him access to the firehose, but his demands for Twitter to give exact numbers instead of the more accepted statistical MAU metrics is purely insane. Twitter woul

This isn't how it works. He wanted to buy Twitter and in a typically impulsive Musk fashion, he signed a contract and waived due diligence. Once you sign a contract you can't just back out of it and act like it's not your fault when they force you to abide by your word.And he does own Twitter, yes. Everyone is just laughing at him spending billions of dollars to destroy something due to a problem he created. It just also sucks for the people involved being hurt by a billionaire