{"id":6263,"date":"2022-07-09T05:37:15","date_gmt":"2022-07-09T03:37:15","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/07\/09\/musks-withdrawal-from-twitter-deal-sets-stage-for-long-court-battle\/"},"modified":"2022-07-09T05:37:15","modified_gmt":"2022-07-09T03:37:15","slug":"musks-withdrawal-from-twitter-deal-sets-stage-for-long-court-battle","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/07\/09\/musks-withdrawal-from-twitter-deal-sets-stage-for-long-court-battle\/","title":{"rendered":"Musk\u2019s withdrawal from Twitter deal sets stage for long court battle"},"content":{"rendered":"

Analysis: billionaire could be fined $1bn for walking away \u2013 and he risks new lawsuits and even his job, experts say<\/p>\n

Elon Musk withdrew his $44bn bid<\/a> to buy Twitter on Friday after a months-long saga that rankled investors and shook the market, kicking off what may be a long legal battle with the company.<\/p>\n

The Twitter chair, Bret Taylor, said on Friday<\/a> that the social media firm would sue in a Delaware court to enforce the deal. The deal included a \u201cspecific performance\u201d clause, a provision that may force Musk to buy the company as long as he has financing in place. Musk in May said he had<\/a> secured financing to complete the deal.<\/p>\n

Continue reading…<\/a>
\nAnalysis: billionaire could be fined $1bn for walking away \u2013 and he risks new lawsuits and even his job, experts say
\nElon Musk withdrew his $44bn bid to buy Twitter on Friday after a months-long saga that rankled investors and shook the market, kicking off what may be a long legal battle with the company.
\nThe Twitter chair, Bret Taylor, said on Friday that the social media firm would sue in a Delaware court to enforce the deal. The deal included a \u201cspecific performance\u201d clause, a provision that may force Musk to buy the company as long as he has financing in place. Musk in May said he had secured financing to complete the deal. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Analysis: billionaire could be fined $1bn for walking away \u2013 and he risks new lawsuits and even his job, experts say Elon Musk withdrew his $44bn bid to buy Twitter on Friday after a months-long saga that rankled investors and shook the market, kicking off what may be a long legal battle with the company. …<\/p>\n

Musk\u2019s withdrawal from Twitter deal sets stage for long court battle<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":6264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6263"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6263"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6264"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6263"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}