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Forum nameGeneral Discussion
Topic subjectMy point is why take anything he says at face value.
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13458718&mesg_id=13460669
13460669, My point is why take anything he says at face value.
Posted by Buddy_Gilapagos, Wed May-18-22 08:28 AM
I work in private equity. And in almost every deal I ever work on there is some attempt to retrade after some due diligence.

I am not saying he will complete the deal or not, I am just saying it's par for the course.



>im not sure the board agrees to a lower price. one of the
>reasons they took the deal in the first place was because of
>the high premium on the initial offer.
>
>im speculating here...but i think he wants to pull out of the
>deal and save face. or not pay that $1 billion cancellation
>fee.
>
>jack (former twitter ceo) was one of the people advising elon
>to buy twitter and take it private. for sure he would have
>told elon the extent of their bot/fake account problem before
>now.
>
>this isnt a serious way to audit tho:
>https://twitter.com/elonmusk/status/1525291586669531137


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