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  • Musk's decision to buy Twitter after all is an attempt to dodge a likely court loss, experts say.
  • The pretrial discovery process showed his odds of winning were low, these experts added.
  • In the past, Musk has not backed down from a court battle.

Elon Musk offered to buy Twitter at its original purchase price on Monday — a rare move for a billionaire that has never been one to back down from a legal battle.

"Musk was going to lose the case," Erik Gordon, a business law professor at University of Michigan, told Insider. "His lawyers knew that. Twitter's lawyers knew that. His only hope was for Twitter to cave, and they didn't."

Expectations for a settlement deal rose last week. Several legal experts said the looming five-day trial in Delaware presented too many downsides for Musk, as Twitter had a strong case against Musk's arguments. Had he gone to trial, the almost certain outcome was that he would have be forced to acquire Twitter for $44 billion, or $54.20 a share — the price he initially agreed to.

 

https://www.msn.com/en-us/money/companies/elon-musk-never-admits-defeat-but-the-billionaire-just-did-that-in-his-bitter-deal-battle-with-twitter/ar-AA12BacL

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More NYT propaganda, taking  the side of toxic professors. 

I know the New York Post is trash, but I don't understand how the Washington Post (another trash paper) continues to not care about Taylor Lorenz being such a mess (and breaking their rules about getting into it with other employees online, surely).

 

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