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wow, you made a bunch of edits to your previous comment after I responded
oh yes, saying you worked at CBRE is basically you posting your full name and home address to the internet
this is why I typically just roll my eyes when someone tries to capture some sort of authority with a claim about life experience which isn't immediately obvious from their comments; if you don't want to post a CV, don't attempt to use it to get some sort of air of authority
it's downright goofy someone who claims to have experience in M&A would write your comments because it has no recognition that public comments, legal threats, refusals, lawsuits, etc., are common in M&A, no demonstration of the terminology normally used in these agreements, and no discussions whatsoever in the costs or benefits of any of these tactics
all of these tactics can and are part of the dance and each of them has costs and benefits to accomplish some purpose, even as simple as stalling for time
instead you simply assume Musk is the dog who caught the bumper and "predictably" would close the deal which is why you bought Twitter stock at $36 knowing it would be bought for $55 a couple months later, right?
Why start the story in the middle of the chancery case? Everyone seems to gloss over the timeline in favor of "current thing" hottakes.
Musk semi-secretly buys large stake in twitter over the period of a month. Twitter board freaks out and tells him no way and then engages in a bunch of anti-shareholder behavior in order to stave off Musk. Musk then makes a proposal. Twitter refuses the offer. Corporate lawyers start scrambling to put together a shareholder lawsuit. Twitter agrees to proposal. Musk claims he doesn't want to buy the company anymore due to fraud. Twitter sues him in Chancery Court to force the deal. Musk completes the deal.
We went from Twitter willing to fuck over shareholders to stop takeover to Twitter suing Musk to force him to take the company over and then Musk buying the company he made a no due diligence buyout agreement with and your hot take is he's just been bumbling along? Huh, okay.
Yes. Because the middle bit in between is rising interest rates, declining values for tech stocks, and Musk on the hook for a big payout for a bloated company.
if only Musk had that crystal ball of yours which perfectly predicts the future when he had to make the decision in the past
in a few short years, you should be able to turn that crystal ball into a multibillion dollar investment firm
I look forward to seeing it
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