Tech madman Musk lavished $40 billion to buy Twitter at a price equivalent to about NT$1.29 trillion; did you know? If the deal falls through, Musk must pay $1 billion in damages. Including not being able to tweet on Twitter.
Musk said that if you buy it, you can buy it. Taiwan agreed through the Twitter board of directors in the early morning of the 26th to acquire the social platform Twitter for $44 billion.
According to documents submitted by Musk to the US Securities and Exchange Commission, if the acquisition of Twitter fails, or (Musk) stops the transaction for any reason, Musk must pay $1 billion, equivalent to about NT$30 billion in compensation. gold.
It is worth mentioning that the document mentioned that Musk must not make any comments criticizing Twitter on Twitter before the transaction is completed. Although it is not mentioned here, if he is not careful, Musk will pay for it.
After all, Musk is now not only a world-renowned entrepreneur, but also has a very important position in the community. It does not seem surprising to be asked to be conservative.
In order to acquire Twitter privatization this time, Musk has known personal funds of no less than $21 billion, and mortgaged Tesla’s common stock held by individuals, obtained a $12.5 billion loan, and obtained a syndicate with banks. $13 billion in loans.
Source of the first image:bloomberg.com