Elon Musk currently has a difficult issue to work out with his lawyers: comment DO machine behind with the Twitter takeover at this stage of the negotiations? Moreover, the network social does not intend to let the entrepreneur turn on his heels so quickly – and already meant that the courts would be involved in order to force Elon Musk to complete the takeover. However, two questions remain to be answered: does a US court really have the power to force a party to complete the takeover when it is clear that the party no longer intends to do so? And why is Twitter interested in a takeover at any cost? In fact, Twitter’s board of directors is committed to ensuring that “the deal is completed at the price and on terms agreed with Mr. Musk” and that the firm “ensures the authorization of the merger agreement in justicefor a very simple reason: the terms Musk signed are pure gold. Especially as the board member claims that the caucus rather has a feeling that the Delaware court, where any possible hearing will take place, will give it grounds. It must be said that Elon Musk offered an extremely generous offer of $44 billion to buy the site.
Making Elon Musk buy Twitter is just one option
While at the time of writing, the capitalization of the network social rather revolves around $28 billion. However, according to the Mashable blog, which quotes law professor Ronald Gilson, forcing Elon Musk to honor the deal is just one of the possible outcomes of the lawsuit. justice. That’s for sure probable that the lawyers of both sides are falling in in order compensation funding, the amount of which is yet to be determined. However, the Court will have to examine the legality and conditions of such compensation. Ultimately in cause functioning of the American judiciary, both parties will in any case be encouraged to negotiate, not to litigate. However, Elon Musk appears to have put himself in a delicate position by signing terms that prevent him from doing exactly what he does. For their part, Elon Musk and his lawyers continue to justify the denial with the lack of information assumed by the proportion of accounts associated with spam. See also – Twitter will allow Elon Musk himself to check the proportion of fake accounts According to Elon Musk, there are much more spam accounts than the firm wants to admit. An argument that is likely to be at the center of Camp Musk’s defense strategy. face on Twitter if it comes to justice. The whole question is whether this will be enough to allow the billionaire to denounce the agreement he signed.
