We may never know if Elon Musk

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SarumanWise
2022-08-03

We may never know if Elon Musk really wanted to buy Twitter, or it was all just another one of his famous trolling episodes [LOL]

Twitter Queries Banks on Musk's Attempts to Undermine $44 Bln Deal

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44

Twitter Queries Banks on Musk's Attempts to Undermine $44 Bln Deal

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Brookfield did not immediately respond to a request for comment. Representatives for Musk and Twitter could not be reached.The subpoenas seek documents and communications concerning the deal, its financing, any information on &#34;bot,&#34; or fake, Twitter accounts. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla Inc , of which Musk is chief executive.The subpoenas are part of Twitter&#39;s lawsuit against Musk seeking to hold him to the deal at the $54.20 per share price he had agreed to. A five-day trial is scheduled to begin Oct. 17 in the Delaware Chancery Court.Experts said the subpoenas indicate Twitter wants to know what lenders, investors and advisers were saying to each other about Musk&#39;s behavior after he signed the deal in late April.&#34;They suspect that behind the scenes he&#39;s been conspiring to blow the whole thing up,&#34; said Minor Myers, a professor at UConn School of Law.Musk said on July 8 he was backing out of the deal because Twitter allegedly breached the agreement by withholding data about fake accounts on the platform. Twitter has said the fake accounts are a distraction from the only issue that matters, which is the terms of the agreement. Musk had also said he was walking away because Twitter fired high-ranking executives and <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the talent acquisition team, breaching Twitter&#39;s obligation to &#34;preserve substantially intact the material components of its current business organization.&#34;Musk cannot be ordered to close the deal if financing fails -- provided he&#39;s not the cause of the failed funding, according to legal experts.Twitter&#39;s subpoenas focused on what they said was the firing of Bob Swan, an operating partner at venture capital firm Andreessen Horowitz, who initially led Musk&#39;s efforts to finalize deal finance. He was replaced by Antonio Gracias, a long-time Musk associate, according to Twitter&#39;s lawsuit.Brian Quinn, a professor at Boston College Law School, said Twitter seems to want to know if &#34;Gracias had any role in getting financing done or if he was just supposed to slow things down.&#34;Swan did not immediately respond to messages sent via LinkedIn and to Andreeesen Horowitz. Gracias did not respond to a request for comment sent to his Valor Equity Partners firm.Experts said Twitter will be interested in understanding lenders&#39; concerns about the number of fake accounts on the platform, and whether it was an issue for them as Musk has suggested.Investors were asked for communications about the Twitter deal with those close to Musk, such as Steve Jurvetson, a former Tesla board member and current director of SpaceX, the private rocket company founded and led by Musk.Jurvetson did not immediately respond to a request for comment sent to his Future Ventures firm.&#34;lol, lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk,&#34; wrote Joe Lonsdale, a co-founder of Palantir Technologies Inc , on Twitter. &#34;I have nothing to do with this aside from a few snarky comments, but got a &#39;YOU ARE HEREBY COMMANDED&#39; document notice,&#34; he wrote.He called Twitter&#39;s subpoenas a &#34;giant harassing fishing expedition.&#34;Lonsdale did not immediately respond to a request for comment sent to his 8VC firm.Theodore Kittila, a Delaware corporate litigator, said Twitter is trying to determine what Musk was saying privately while publicly sending tweets that he was concerned about bots and fake accounts on Twitter.&#34;They are trying to climb in there, behind the tweets,&#34; said Kittila. &#34;They are looking at emails and trying to divine the conversation that actually occurred and what drove his decision to suspend the deal.&#34;Musk has sent his own subpoenas over the past two days to Concentrix Solutions Corp , a data analytics firm, and TaskUs USA , which moderates content. Musk&#39;s subpoena questions were filed under seal.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Queries Banks on Musk's Attempts to Undermine $44 Bln Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Queries Banks on Musk's Attempts to Undermine $44 Bln Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2022-08-03 10:46\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said.Twitter sent dozens of civil subpoenas this week to global banks such as units of <a href=\"https://laohu8.com/S/MSSXL\">Morgan Stanley</a> , co-investors in the deal including an affiliate of Brookfield Asset Management Inc , and Musk advisers, according to filings over the past two days in the Delaware Court of Chancery.<a href=\"https://laohu8.com/S/MSSXV\">Morgan Stanley</a> declined to comment. Brookfield did not immediately respond to a request for comment. Representatives for Musk and Twitter could not be reached.The subpoenas seek documents and communications concerning the deal, its financing, any information on &#34;bot,&#34; or fake, Twitter accounts. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla Inc , of which Musk is chief executive.The subpoenas are part of Twitter&#39;s lawsuit against Musk seeking to hold him to the deal at the $54.20 per share price he had agreed to. A five-day trial is scheduled to begin Oct. 17 in the Delaware Chancery Court.Experts said the subpoenas indicate Twitter wants to know what lenders, investors and advisers were saying to each other about Musk&#39;s behavior after he signed the deal in late April.&#34;They suspect that behind the scenes he&#39;s been conspiring to blow the whole thing up,&#34; said Minor Myers, a professor at UConn School of Law.Musk said on July 8 he was backing out of the deal because Twitter allegedly breached the agreement by withholding data about fake accounts on the platform. Twitter has said the fake accounts are a distraction from the only issue that matters, which is the terms of the agreement. Musk had also said he was walking away because Twitter fired high-ranking executives and <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the talent acquisition team, breaching Twitter&#39;s obligation to &#34;preserve substantially intact the material components of its current business organization.&#34;Musk cannot be ordered to close the deal if financing fails -- provided he&#39;s not the cause of the failed funding, according to legal experts.Twitter&#39;s subpoenas focused on what they said was the firing of Bob Swan, an operating partner at venture capital firm Andreessen Horowitz, who initially led Musk&#39;s efforts to finalize deal finance. He was replaced by Antonio Gracias, a long-time Musk associate, according to Twitter&#39;s lawsuit.Brian Quinn, a professor at Boston College Law School, said Twitter seems to want to know if &#34;Gracias had any role in getting financing done or if he was just supposed to slow things down.&#34;Swan did not immediately respond to messages sent via LinkedIn and to Andreeesen Horowitz. Gracias did not respond to a request for comment sent to his Valor Equity Partners firm.Experts said Twitter will be interested in understanding lenders&#39; concerns about the number of fake accounts on the platform, and whether it was an issue for them as Musk has suggested.Investors were asked for communications about the Twitter deal with those close to Musk, such as Steve Jurvetson, a former Tesla board member and current director of SpaceX, the private rocket company founded and led by Musk.Jurvetson did not immediately respond to a request for comment sent to his Future Ventures firm.&#34;lol, lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk,&#34; wrote Joe Lonsdale, a co-founder of Palantir Technologies Inc , on Twitter. &#34;I have nothing to do with this aside from a few snarky comments, but got a &#39;YOU ARE HEREBY COMMANDED&#39; document notice,&#34; he wrote.He called Twitter&#39;s subpoenas a &#34;giant harassing fishing expedition.&#34;Lonsdale did not immediately respond to a request for comment sent to his 8VC firm.Theodore Kittila, a Delaware corporate litigator, said Twitter is trying to determine what Musk was saying privately while publicly sending tweets that he was concerned about bots and fake accounts on Twitter.&#34;They are trying to climb in there, behind the tweets,&#34; said Kittila. &#34;They are looking at emails and trying to divine the conversation that actually occurred and what drove his decision to suspend the deal.&#34;Musk has sent his own subpoenas over the past two days to Concentrix Solutions Corp , a data analytics firm, and TaskUs USA , which moderates content. Musk&#39;s subpoena questions were filed under seal.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","BK4534":"瑞士信贷持仓","CNXC":"Concentrix Corp","BK4581":"高盛持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4574":"无人驾驶","TASK":"TaskUs Inc.","BK4508":"社交媒体","BK4579":"人工智能","BK4527":"明星科技股","TSLA":"特斯拉","BK4550":"红杉资本持仓","BK4077":"互动媒体与服务","BK4551":"寇图资本持仓","BK4511":"特斯拉概念","BK4099":"汽车制造商","MS":"摩根士丹利","BK4548":"巴美列捷福持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4516":"特朗普概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256868209","content_text":"Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said.Twitter sent dozens of civil subpoenas this week to global banks such as units of Morgan Stanley , co-investors in the deal including an affiliate of Brookfield Asset Management Inc , and Musk advisers, according to filings over the past two days in the Delaware Court of Chancery.Morgan Stanley declined to comment. Brookfield did not immediately respond to a request for comment. Representatives for Musk and Twitter could not be reached.The subpoenas seek documents and communications concerning the deal, its financing, any information on \"bot,\" or fake, Twitter accounts. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla Inc , of which Musk is chief executive.The subpoenas are part of Twitter's lawsuit against Musk seeking to hold him to the deal at the $54.20 per share price he had agreed to. A five-day trial is scheduled to begin Oct. 17 in the Delaware Chancery Court.Experts said the subpoenas indicate Twitter wants to know what lenders, investors and advisers were saying to each other about Musk's behavior after he signed the deal in late April.\"They suspect that behind the scenes he's been conspiring to blow the whole thing up,\" said Minor Myers, a professor at UConn School of Law.Musk said on July 8 he was backing out of the deal because Twitter allegedly breached the agreement by withholding data about fake accounts on the platform. Twitter has said the fake accounts are a distraction from the only issue that matters, which is the terms of the agreement. Musk had also said he was walking away because Twitter fired high-ranking executives and one-third of the talent acquisition team, breaching Twitter's obligation to \"preserve substantially intact the material components of its current business organization.\"Musk cannot be ordered to close the deal if financing fails -- provided he's not the cause of the failed funding, according to legal experts.Twitter's subpoenas focused on what they said was the firing of Bob Swan, an operating partner at venture capital firm Andreessen Horowitz, who initially led Musk's efforts to finalize deal finance. He was replaced by Antonio Gracias, a long-time Musk associate, according to Twitter's lawsuit.Brian Quinn, a professor at Boston College Law School, said Twitter seems to want to know if \"Gracias had any role in getting financing done or if he was just supposed to slow things down.\"Swan did not immediately respond to messages sent via LinkedIn and to Andreeesen Horowitz. Gracias did not respond to a request for comment sent to his Valor Equity Partners firm.Experts said Twitter will be interested in understanding lenders' concerns about the number of fake accounts on the platform, and whether it was an issue for them as Musk has suggested.Investors were asked for communications about the Twitter deal with those close to Musk, such as Steve Jurvetson, a former Tesla board member and current director of SpaceX, the private rocket company founded and led by Musk.Jurvetson did not immediately respond to a request for comment sent to his Future Ventures firm.\"lol, lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk,\" wrote Joe Lonsdale, a co-founder of Palantir Technologies Inc , on Twitter. \"I have nothing to do with this aside from a few snarky comments, but got a 'YOU ARE HEREBY COMMANDED' document notice,\" he wrote.He called Twitter's subpoenas a \"giant harassing fishing expedition.\"Lonsdale did not immediately respond to a request for comment sent to his 8VC firm.Theodore Kittila, a Delaware corporate litigator, said Twitter is trying to determine what Musk was saying privately while publicly sending tweets that he was concerned about bots and fake accounts on Twitter.\"They are trying to climb in there, behind the tweets,\" said Kittila. \"They are looking at emails and trying to divine the conversation that actually occurred and what drove his decision to suspend the deal.\"Musk has sent his own subpoenas over the past two days to Concentrix Solutions Corp , a data analytics firm, and TaskUs USA , which moderates content. Musk's subpoena questions were filed under seal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":105,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}