If Twitter and Elon Musk settle their lawsuit over the deal to buy Twitter, will Musk buy Twitter?
40%
chance
Jan 1, 2024
M$40 bet
LivInTheLookingGlass
How does it resolve if they have some sort of deal where custody is temporarily transferred to Musk, then given back to shareholders? I don't think this is terribly likely, but I did hear speculation about an after court settlement
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MP
@LivInTheLookingGlass What? How would it happen? I am a shareholder and I'll get my $54.20/sh and walk away
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jack
Jack is betting NO at 39%
Yeah same. In any case it resolves based on whether the merger deal closes - if Musk buys Twitter and then sells it off to someone else, that still counts.
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MP
https://twitter.com/kmedved/status/1548423959414157312 This thread is interesting. If Musk settles and don't buy, he endures the entirety of the financial burden. So I think that only a price cut would work for him.
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jack
Jack is betting NO at 39%
@MP Yep, this is a good point, it depends on how much of the funds for the purchase he's putting up vs the banks and equity partners. I think he's still on the hook for the biggest chunk of it, so I think a breakup fee of say $10B would still work out in his favor compared to buying at 54.20, but I don't actually know the numbers.
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