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0 pointsgsibble4y ago0 comments

Of course there is formal due diligence. He basically gave them a term sheet and now they've opened their books. That's why he can walk away and pay $1 billion if he doesn't like what he sees.

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2 comments · 2 top-level

josho4y ago

What due diligence occurs when buying a public company? We already have access to the company’s financial filings.

outworlder4y ago

So you are saying TWTR reported fraudulent financials?

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