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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Twitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says
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Poster Handle
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Anonymous Coward |
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Post Content
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no it will cost him 1 billion to get out of the deal
and maybe 100 mil in lawyers fees
so not $0
Quoting: Anonymous Coward 83830541 Nope, Twiddler lied. They propped up their company based upon a lie. The value was based upon a lie. Twiddler is screwed! nonetheless there's a billion dollar break the deal fee in the contract sooooooooo not a lot for elon to pay but it's not nuthin either I sincerely doubt the deal break clause is that one sided.... I write and read contracts all day everyday. It is never that one sided. cool did you read this one? "Elon Musk can’t just walk away from his Twitter deal by paying a $1 billion breakup fee" [ link to www.cnbc.com (secure)] "Why Musk may have to pay $1 billion after calling off Twitter deal" [ link to www.marketplace.org (secure)]
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