Tag: Delaware Court of Chancery

Don’t Expect The US Government To Actually Stop Elon From Buying Twitter

Tina Marie (Ms. Cat)

Honestly, the only thing one can say about the whole Elon Musk buying Twitter situation is that you should expect the unexpected to happen. Nothing about this deal has been normal, even though some moves (like Musk coming up with laughably ridiculous pretextual excuses to try to get out of the deal) were telegraphed way in advance. The Delaware Court of Chancery has said that the deal needs to be completed by Friday October 28th or there will be hell to pay (if you’re Elon Musk), and in all likelihood that’s exactly what’s going to happen. I know a lot of people insist he doesn’t intend to close the deal, or that he doesn’t have the money, or that something else will happen to stop it, and I find all of those claims to be unlikely at best. The most likely scenario is that in a week, Twitter will be owned by Elon Musk.

Don’t Expect The US Government To Actually Stop Elon From Buying Twitter

Previously:

Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted

Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted

Tina Marie (Ms. Cat)

One month ago we joked that should the Delaware judge force Musk to buy Twitter, then none other than the US government would step in and prevent the South African from gaining control over the blue-checkmark echo chamber of record, the one social media network which congressional testimony after congressional testimony has argued it can manipulate the outcome of elections.

Biden Admin Weighs Blocking Twitter Deal On “National Security” Grounds… Just As Musk Wanted

H/T: Alex Christoforou

Related:

Twitter Shares Tumble After US Weighs Reviews for Musk Deals

Elon Musk Still Wants Everyone (Including The Judge) To Believe His Fight With Twitter Is About Spam. It’s Not

Tina Marie (Ms. Cat)

from the that’s-not-how-any-of-this-works dept

Mon, Aug 8th 2022 09:36am – Mike Masnick

As I type this, I’m sitting in a (fairly uncomfortable) chair in the lobby of a Holiday Inn, having read through nearly 300 pages of legal filings of sniping between Elon Musk (165 pages) and Twitter (127 pages) trying to figure out how to best explain what’s in the filings in a meaningful and accurate way. Because the media coverage of this case continues to suck. For example, you may have heard that Elon Musk “countersued” Twitter. Headlines blasted that left and right and Musk’s fans lapped it up. I saw multiple tweets claiming that Musk was going to cost Twitter “so much” money by suing them back.

Elon Musk Still Wants Everyone (Including The Judge) To Believe His Fight With Twitter Is About Spam. It’s Not