Comment on Elon Musk Bought Twitter to Settle His Jet-Tracking Beef, New Book Claims
supercriticalcheese@lemmy.world 8 months agoHe could had pulled out of the bid as well me thinks. Between presenting a bid and closing the deal there should be **due diligence **.
This is what I understand Mr Musk failed to do, after that it would have been nearly impt to cancel the deal.
GoodEye8@lemm.ee 8 months ago
I don’t remember the specifics but I think it was a sort of a “no questions asked” kind of bid, where he chose to not do the due diligence. He did try to play the “My estimation of Twitter was misled because I wasn’t disclosed to vital information” card and it got him nowhere.
Archer@lemmy.world 8 months ago
Yep! He explicitly waived it. Corporate equivalent of waiving a home inspection
supercriticalcheese@lemmy.world 8 months ago
facepalm genial