Judge in Twitter v Musk case once ordered a deal to close, will she do the same for Twitter?
I’m going to enter a position using options after the earning report on 22nd. I‘m thinking there might be a good chance of the judge forcing Elon to close the deal because if Elon Musk is forced to buy $Twitter (Delisted) (TWTR.US)$, this may finally put a stop to his antic of abusing his tweets to manipulate the market.
"She already has a track record of not putting up with some of the worst behavior that we see in these areas when people want to get out of deals," said Adam Badawi, a law professor who specializes in corporate governance at the University of California Berkeley.
On Jul 19, she will consider Twitter's request to expedite the case and conduct a four-day trial in September, instead of Feb 2023 which is what Elon hopes for.
And we had seen that this deal have had a negative effect on $Tesla (TSLA.US)$ share price too. Shareholders aren't happy that Elon is diverting his attention away from his baby Tesla to the bird. So in a sense, this judge now have the power to decide which group of shareholders will be making money.
Will this judge also force Musk to close the Twitter deal at $54.20 per share as per planned? If the deal is forced to go through this implies a 44% upside against the current price of $37.48, and it could negatively affect Tesla share price.
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