We now have the merger agreement between Elon Musk and Twitter, and there are some very interesting things buried within.

It's rare to see a "virtually" unconditional $1B guarantee...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/cCT6Sjacem0

#ElonMusk #Twitter #Acquisition

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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

01:10 Merger Highlights

15:09 The Merger Agreement - Overview

21:27 The Merger Agreement - Reps and Warranties

27:29 The Merger Agreement - Promises (and Potential for Breach)

36:29 The Merger Agreement - Penalties and Termination

41:07 Elon's $1B Guarantee

42:35 Conclusion

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Discussed in this episode:

PLAYLIST

https://www.youtube.com/playlist?list=PL1zDCgJzZUy_O52bErVCYZfVYMgVgu3nX

ARTICLES

https://www.politico.com/news/2022/04/26/twitters-top-lawyer-reassures-staff-cries-during-meeting-about-musk-takeover-00027931

https://finance.yahoo.com/news/twitter-locks-down-product-changes-195751959.html

SEC FILINGS

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/67572c16-711a-43fd-9488-b75e3f6bc469.pdf

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/5f984392-7ed7-47fc-b8fa-e45b596b49cf.pdf

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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