Because he signed a contract to that effect, without any contingencies if the st... | Hacker News

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		compiler-guy on July 8, 2022 \| parent \| context \| favorite \| on: Notice of termination of Twitter merger agreement Because he signed a contract to that effect, without any contingencies if the stock went down. He doesn’t really have a choice except to go through an extended legal process that likely will end up going against him.

nemo44x on July 8, 2022 [–]

I’d rather lose $1B than $15B. Stock will rank to < $10/share over next year now.

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