Re: Pay up + interest
I thought part of the issue is that Musk can't just pay a billion dollars and walk away. Or am I wrong.
As I understand it he has to pay a billion dollars if the deal doesn't go through, but the deal has to go through unless some very serious things go wrong - all of which would be stipulated in the contract.
So he's kicking and screaming because it's the only way he knows how to try and create an illusion of something being wrong.
Twitter can, and seemingly will, take him to court and have the courts decide if there is any reason for the contract and thus the deal not to go through. If there isn't any reason, then whether Musk wants it or not, he's on the hook for the $54.20/share.
Remember Musk apparently waived any rights to due diligence via the contract, so some slight differences won't cut it.