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To: Eccl 10:2
Musk is completely correct on this legally. He has the right to due diligence prior to finalizing the purchase, and that would include verifying the validity of the number of customers.

Twitter management has a real problem here. If they refuse to comply with due diligence requests, they could be sued by shareholders for derailing a profitable deal.

17 posted on 06/06/2022 8:20:16 AM PDT by Bruce Campbells Chin
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To: Bruce Campbells Chin

[Musk is completely correct on this legally. He has the right to due diligence prior to finalizing the purchase, and that would include verifying the validity of the number of customers.

Twitter management has a real problem here. If they refuse to comply with due diligence requests, they could be sued by shareholders for derailing a profitable deal. ]


If Reuters is to be believed, Musk waived due diligence:

https://cyprus-mail.com/2022/05/18/why-twitter-has-ignored-elon-musks-trolling/
[Musk, the world’s richest person, waived due diligence when he agreed to buy Twitter on April 25, in an effort to get the San Francisco-based company to accept his “best and final offer.”]


40 posted on 06/06/2022 2:06:41 PM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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