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The Final Agreed Upon Deal Terms that Forced Musk to Buy Twitter at $54.20 per shareby@legalpdf
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The Final Agreed Upon Deal Terms that Forced Musk to Buy Twitter at $54.20 per share

by Legal PDFNovember 23rd, 2022
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Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 6 of 31.FACTUAL ALLEGATIONS III-The Final, Agreed-Upon Terms

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Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 6 of 31.


Feature Image: Elon Musk’s SEC filing via EDGAR


FACTUAL ALLEGATIONS

III - The Final, Agreed-Upon Terms


39. The terms of the transaction are governed by the merger agreement executed on April 25, 2022.


40. Under the agreement, at closing, Acquisition Sub will merge into Twitter, and Twitter will continue as a private corporation owned by Musk through his wholly owned shell companies. Twitter stockholders will receive $54.20 per share in cash, and the company’s common stock will be delisted from the New York Stock Exchange.


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