Saturday, July 9, 2022
As you all know, Elon Musk entered into an agreement to buy Twitter. Shortly thereafter, Twitter's stock price dropped, making the price Musk agreed to pay a bit high. As we covered here, he tried the poop emoji, then he learned that he had to allege a material breach in order to get out of the deal and avoid paying the $1 billion penalty fee.
Now, he has announced that he is "terminating" the deal. We have a recreation of how this came about, with Michael Scott recreating Musk's role and Creed Bratton playing the role of Musk's legal advisors (and Oscar Martinez playing his smarter advisors):