Professor Robert Anderson Quoted in "Musk Tells Twitter Employees He Won't Cut 75% of Jobs" -- Newsmax Finance
Professor Robert Anderson is quoted in the Newsmax Finance article, "Musk Tells Twitter Employees He Won't Cut 75% of Jobs." Elon Musk, who purchased Twitter Inc. for $44 billion, visited Twitter's San Francisco office this week carrying a sink.
Excerpt from "Musk Tells Twitter Employees He Won't Cut 75% of Jobs"
The Tesla Inc CEO notified co-investors who committed to help fund the Twitter deal he plans to close it by Friday, Reuters reported Tuesday.
Equity investors including Sequoia Capital, Binance, Qatar Investment Authority and others have received the requisite paperwork for the financing commitment from Musk's lawyers, Reuters reported.
Twitter shares were up about 1.1% at $53.91 in extended trading, slightly below Musk's offer price.
Robert Anderson, a law professor at Pepperdine University, said he fully expects the deal to close by Friday's deadline but did not see much substance to Musk's video.
"I don't see anything unusual about it, other than that he brought a sink," he said.
The complete article may be found at Newsmax Finance