It's the other way around. If the deal falls through, Musk owes them the billion. Their option is to try to force Musk to move forward and then either breech the agreement or call it off himself so the escape clause triggers.
If I was Musk I'd just give them the billion... much cheaper than how much he'd lose buying that company for ~44 when they don't really make that much.... but I don't see any plausible outcome that won't embarrass him. ....he did this to himself.
Crazy Elon wants to back out of the deal.
Musk says Twitter has committed a “material breach” of merger deal by not providing bot data
Musk says Twitter must provide him more data.www.theverge.com
Something something due diligeance before making the deal.
He's more impulsive than he is dumb I think. I bet he just smoking weed or something one day and it hit him, he wanted to buy twitter!!!! ...then some time later, he realized this is a horrible idea... so now he's being rational and trying to weasel out of the deal.
I more think he thought he could do a pump and dump and its failed. Considering his behavior from the moment the deal was made, I don't think he actually planned to go through with it.
arstechnica.com
I think its brilliant; he never wanted it and they're giving him consequences.Oh boy, this idiocy will continue!
Twitter reportedly will give Musk the full “firehose” of user data he demanded
Report: Twitter to give Musk the firehose after he threatened to kill merger.
This is vile... a prospective buyer should never be given such a thing. He can walk away from the deal and still have what he wanted.
You're not a billionaire, are you?
You're looking at it differently - Twitter probably doesn't want to sell anymore than Musk wants to buy. So they called his bluff and said 'Sure you can buy us.' and he starts doing all these attacks, against the terms of the deal, then making up reasons not to buy it, and blame it on Twitter so he doesn't have to pay them a billion.
Yeah, I know why twitter is doing it, I'm just saying it shouldn't be allowed... but obviously, as free pointed out, I'm just a peasant who has no say in this kind of thing, haha.
Eh, I doubt Musk has the attention span to sift through -that- much data. I was an admin for a MUCK and had to look at logs because of a complaint. That was so freaking tedious - and sure, apparently there was an easier way to scan, but still tedious because I had to read a lot of to find the incident. Also, if he uses it for something nefarious, then he could end up in jail, billions or no.
Oh, I agree he can't really do much of anything with it.... but the fact is it could be used for something nefarious and shouldn't be given out. I suspect he won't actually do anything with it, but if he did, he'd contract some analytics firm that absolutely could misuse it.
