• fne8w2ah@lemmy.world
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    10 months ago

    Best part was he tried to chicken out of his own deal but the feds obv wouldn’t allow him back off on his very own proposal to buy Twitter in the first place!

      • droans@lemmy.world
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        10 months ago

        Not really. He entered into a binding contract and agreed to bypass due diligence.

        That wasn’t even offered by Twitter, he just agreed without any prompting.

        • dragontamer@lemmy.world
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          10 months ago

          Yes yes yes. But that binding contract was in Delaware. Because contract law is weird.

          In practice, most business contracts are enforced by the state of Delaware, not the federal government nor any national-level court. Yes, its a state-level court.