Could Elon Musk be really forced into specific performance of the Twitter deal?
After accumulating 9.1% of Twitter stock, on April 14, 2022, Elon Musk made an offer to Twitter to buy all outstanding Twitter stock at a price of $54.20 per share. The board of directors implemented a shareholder rights plan (“poison pill”). Musk firmed up his offer and on April 25, Twitter exe...