Birdwatch Note Rating
2022-06-03 20:39:53 UTC - HELPFUL
Rated by Participant: 04E0788AD810050418BBEDAFD2481E90904248E2538D9D4DF90E461C3C37604C
Participant Details
Original Note:
Mr. Musk waived his due diligence as soon as he signed the merger agreement at the $44B price point. The bot discovery, along with other independent deal reviews, generally occurs during this due diligence phase of M&A. Reason being is that these factors determine price. https://www.reuters.com/technology/musk-says-44-billion-twitter-deal-hold-2022-05-13/ https://www.zdnet.com/article/musk-did-not-seek-due-diligence-and-the-44b-deal-will-be-completed-twitter/ https://www.pwc.com/us/en/services/consulting/deals/acquisitions/due-diligence.html
All Note Details