One looming threat for Twitter is that if Musk doesn't end this saga as the platform's owner, he may pick back up an idea he's toyed with in the past: competing with the company on his own terms. — Photo by Brett Jordan on Unsplash
As Elon Musk’s imbroglio with Twitter moves from the boardroom to the courtroom, one might expect that, under the watchful eye of Delaware’s Court of Chancery, things will take on a more predictable trajectory than they have so far.
In theory, the lawsuit that the social media platform launched Tuesday to force Musk to follow through on his acquisition offer presents a limited spectrum of possible outcomes: Musk could be forced to close at the agreed-upon US$44bil (RM195.93bil) price; pay a US$1bil (RM4.45bil) termination fee to get out of the deal; cough up some intermediary price that the court decides; or escape entirely unscathed.
Get 30% off with our ads free Premium Plan!
