> The distinction between "having a lien" and "owning the company" is a false dichotomy.
It's 100% not. It's secured debt, that's it. If Twitter becomes worth $17 billion, they get - $15 billion. If Twitter becomes worth $170 billion, they get - $15 billion.
To say nothing of if Musk misses a payment, are they really going to foreclose? Or would they renegotiate?
It's 100% not. It's secured debt, that's it. If Twitter becomes worth $17 billion, they get - $15 billion. If Twitter becomes worth $170 billion, they get - $15 billion.
To say nothing of if Musk misses a payment, are they really going to foreclose? Or would they renegotiate?