The Unconventional Acquisition of Twitter

The acquisition of Twitter by Elon Musk stands out for its chaotic nature, defying conventional corporate acquisition protocols. The decision-making process was marked by a disregard for legal responsibilities and contract details, evidenced by Musk's impulsive actions, such as trying to back out after making a binding offer. He initially sought to buy a significant stake in the company privately before unexpectedly pivoting to a full acquisition at an inflated price. The Twitter board, pressured by fiduciary duties, ultimately had to accept the deal despite widespread disapproval, illustrating the dysfunctionality surrounding this unprecedented transaction.