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quickthrowman
on July 8, 2022
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Notice of termination of Twitter merger agreement
Twitter shareholders would be worse off.. how? $54.20 is 55% higher than the current after-hours TWTR share price of $35
danielmarkbruce
on July 9, 2022
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They can still get cash. Lots and lots of cash.
quickthrowman
on July 9, 2022
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I suppose shareholders wouldn’t mind a special dividend from lawsuit proceeds that captured a good portion of the spread between FMV and $54.20, especially if they get to keep their equity.
danielmarkbruce
on July 9, 2022
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Yep, and I'd guess that's the most likely outcome.
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