Anyone see any particular threat to this deal not proceeding as Elon wishes it to?
Well, there’s a $1B penalty to pay by either side backing out of the deal. So that’s probably an incentive to get the deal done. (Although, when you’re talking $44B, $1B isn’t really that much.)
Because the current businesses Musk controls don’t really have any overlap with Twitter, there shouldn’t be any regulatory issues. So, the big hurdle remaining would be shareholder approval. Supposedly, Musk courted enough of the large shareholders that he should be able to get approval from the shareholders fairly easily. Of course, that assumes he doesn’t do something that pisses off a bunch of the shareholders between now and the vote - which given Musk’s past history, is not out of the realm of possibility. So I guess the question is - is the 10.6% premium enough to offset the possibility of Musk doing something that will torpedo the deal and result in a 20% - 40% drop?
AJ