#elonmusk #Twitter #x #TwitterBuyout #bankrupcy #socialmedia

Die Twitter , die !!

“The Journal reports that banks haven’t been able to sell the debt without taking huge losses, predominantly because of the company’s poor financial performance. That means the loans have remained “hung,” or stuck, on banks’ balance sheets.
The value of the loans declined after Musk’s $44 billion takeover of Twitter—which he’s since renamed X—was completed, but the deal is now in “historic territory” in terms of poor performance, according to the Journal.”

https://www.archivebuttons.com/articles?article=https://www.thedailybeast.com/elon-musks-twitter-buyout-is-officially-the-worst-deal-of-its-kind-for-banks-since-financial-crisis

They already got paid - he's never going to get it back. He's definitely becoming unthreaded 😁

"July 7 (Reuters) - #ElonMusk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from #Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company."

Elon Musk sues Wachtell law firm to recoup fees from #TwitterBuyout | Reuters
https://www.reuters.com/legal/elon-musk-sues-wachtell-law-firm-recoup-fees-twitter-buyout-2023-07-07/

A line was crossed today.

#twitter #elonmusk #twitterbuyout #blocktheblue

RT @jmaris_: #MASTODON STARTER GUIDE
This is a quick thread for people who are unhappy about #TwitterBuyout, and want to escape #ElonMusk's hellsite.

It'll answer some common questions and give you an idea of how to get started, find your friends and grow your account!

Lets go 💫⬇️🧵

🐦🔗: https://nitter.eu/karmel80/status/1590108137331519491

#MASTODON STARTER GUIDE
This is a quick thread for people who are unhappy about #TwitterBuyout, and want to escape #ElonMusk's hellsite.

It'll answer some common questions and give you an idea of how to get started, find your friends and grow your account!

Lets go 💫⬇️🧵

Twitter und Musk (erneut)

https://anonsys.net/display/bf69967c-2763-5d0f-56c9-46f251369133