Sure but then why skip diligence? That would be the ideal time to sell lots of T... | Hacker News

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		fisherjeff on July 8, 2022 \| parent \| context \| favorite \| on: Notice of termination of Twitter merger agreement Sure but then why skip diligence? That would be the ideal time to sell lots of Tesla stock and eventually say “You know what? Nah” without any sticky legal issues.

pclmulqdq on July 9, 2022 [–]

Most people do not liquidate billions of assets while waiting for due diligence to go through. They wait for diligence, then liquidate the assets.

fisherjeff on July 9, 2022 | [–]

Well yes, but most people also intend to actually go through with an acquisition

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