Elon Musk and his bankers have until October 28 to complete the Twitter deal he fought to abandon

On Oct. 3, Musk applied public pressure by formally re-offering to buy the company at the original price, aiming to avoid an Oct. 17 fight in Delaware Chancery Court. Twitter’s stock shot up, with investors sensing the drama was nearly over. But the company’s lawyers, suspicious of conditions in Musk’s letter, including the stipulation that Twitter drop its lawsuit, called it “an invitation to further mischief.”

from International-News-Economic Times https://ift.tt/TC9UZDW

SHARE