Let’s go into detail, definitely trust the court to go to court, I think it’s as simple as you can see what’s going on for Twitter’s share price and it comes down to.
You know he’s definitely made an important case about the fact that he wants more evidence about the number of fake accounts on the platform, which seems like potentially very high.
Twitter’s guesswork first guesses it’s been shared in public filings for years and his latest offer to provide additional details about his own testing methodologies in the uh13D is via written material or verbal explanation to Mr. Musk.
To characterize Twitter’s attempt to flag it as otherwise simply fudging and confusing the issue Mr. Musk has made clear that he does not believe in the company’s loose testing meth.
The odeologies are substantial so they must do their analysis and to do that they need the requested data so they are not getting it and Jim as I said they are getting closer and closer to the court.
Certainly they believe this is a clear material breach of Twitter’s obligations under the merger agreement I have to tell you David There are a lot of people on Twitter who say Twitter said look they took a long time looking at it Spent.
He was satisfied uh and all of a sudden he’s not satisfied that this sort of thing would be a real court case in court and David specific performance maybe we should convince people, but it will force Elon Musk to buy the company.
Maybe it’s all to get away from typical performance Dave what its legacy is it’s unclear to me it remembers they waived due diligence it was their choice they made business to close the deal too quickly Forgiveness of due diligence.
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He did that and so he was relying on that deal and NDS prior to signing also he was relying on public information now clearly he has a lot of data analysts at his disposal and one would expect that they Telling him something different from what Twitter tells the world in terms of the number of fake bot spam.
Accounts on Platform Gym I don’t know what number that is, he obviously wants to know he wasn’t able to figure it out based on public information because he waived due diligence.
If they go to court he has to prove it’s a violation, that might be very difficult for him to do in Delaware, but that’s what he’s doing to pursue right now, I think when You think about what is going to happen so many things have happened.
Elon the one we hear about is that sec that’s civil uh it’ll also be civil but there’ll be a judge It totally is.
As flamboyant as exciting and as great as Elon has been with a court uh build, his spirited personality won’t play towards him David and I think we’re going to hear about it forever We are going to get a lot.
longer though forever forever is coming soon because remember friday we talked about this gym they already got the heart they passed it ain’t gonna have another request , whether antitrust reviews have been done here or not.
May see a vote on this deal within a few months, so it’s going to be pretty quick and the next step you know I’ve asked this question many times already, that’s why Elon Musk hasn’t already.
Violation of the merger agreement because he is clearly not using his seemingly reasonable best efforts as he is obligated to make the deal, but Twitter has made a choice on the board not to sue him at this point.
Aggressive so to speak b ut one would expect it to end up in Delaware court on your point now and this is important when you bring about the specific performance that is on equities.
In other words he is obliged under his contract to come up with money which is equity for him and that is financing for Morgan Stanley if he were to go away.