Twitter shareholders sue Elon Musk and Twitter over chaotic deal(cnbc.com)

13 pointsby donsupremevor 4 Jahren6 comments

cnbc.com

Twitter shareholders sue Elon Musk and Twitter over chaotic deal

https://www.cnbc.com/2022/05/26/twitter-shareholders-sue-elon-musk-and-twitter-over-chaotic-deal.html

6 comments

alephxyzvor 4 Jahren

Lawsuit can be read here: https://storage.courtlistener.com/recap/gov.uscourts.cand.39...

paulpaupervor 4 Jahren

this will go down as one of the biggest blunders in business history.

andrewclunnvor 4 Jahren

So Elon made an offer, Twitter lying about how many boys they had came out, stock price fell. Much like crypto, you should have sold after Elon bought.

xisukarvor 4 Jahren

Was Twitter able to prove that at least 95% of its users aren't bots?

alephxyzvor 4 Jahren

They claim that their estimates rely on private data and can't be verified externally.¹ Musk waived his right to due diligence in his buyout offer however so complaining about bots publicly seems to be a poor attempt at renegotiating the deal.

[1] https://mobile.twitter.com/paraga/status/1526237589534953472

billybuckwheatvor 4 Jahren

The title of a season 3 episode of Barry sums this whole situation up: "crazy times s*t show".