The finality of Elon Musk's purchase of Twitter is greatly exaggerated.
Let's talk about what's next.
Looks like Elon Musk is the star of episode 666...in Virtual Legality.
CHECK OUT THE VIDEO AT: https://youtu.be/_Po-rPoxSbs
#ElonMusk #Twitter #Acquisition
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SUPPORTING THE CHANNEL
UTREON - https://utreon.com/c/hoeglaw/
PATREON - https://www.patreon.com/VirtualLegality
STORE - https://teespring.com/stores/hoeg-law-store
BITCAST (11AM Eastern) - https://www.youtube.com/channel/UCgHBXONMT06nX_8RZ5r32UA
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CHAPTERS
00:00 Introduction
01:50 Reports are Greatly Exaggerated
08:07 Gems in the Press Release
19:00 Can they Force the Shareholders? (DGCL)
23:02 How About Regulatory Review? (FTC)
26:41 Conclusion
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Discussed in this episode:
PLAYLIST
https://www.youtube.com/playlist?list=PL1zDCgJzZUy_O52bErVCYZfVYMgVgu3nX
ARTICLES
https://www.theverge.com/2022/4/25/23028323/elon-musk-twitter-offer-buyout-hostile-takeover-ownership
https://www.inquirer.com/business/technology/twitter-elon-musk-negotiating-purchase-reports-20220425.html
https://www.npr.org/2022/04/25/1094671225/elon-musk-bought-twitter-plans
SEC FILINGS
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/365cdcff-74ce-4e49-95d9-d7436fdf2c5f.pdf
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/882ad443-1bb2-4530-b618-cec65377bdb5.pdf
https://investor.activision.com/static-files/eae7f6a4-35b2-4884-9f7e-397dfdd1890b
DE MERGER LAW
https://delcode.delaware.gov/title8/c001/sc09/index.html
ANTITRUST REVIEW
https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review-process
https://www.federalregister.gov/documents/2022/01/24/2022-01214/revised-jurisdictional-thresholds-for-section-7a-of-the-clayton-act
https://www.law.cornell.edu/uscode/text/15/18a
https://www.law.cornell.edu/uscode/text/15/18
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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo
DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
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Twitter: @hoeglaw
Web: hoeglaw.com
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