Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by jungturk on Friday April 15, 2022 @04:52PM
(#31045686)
A parameter in assessing the relative value of the offer to shareholders is the time horizon.
Perhaps the board believes the value of the shares over the next year or two is substantially higher than Musk's offer, such that they should reject the buyout so that shareholders can reap that gain.
Perhaps the board believes the value of the shares over the next year or two is substantially higher than Musk's offer, such that they should reject the buyout so that shareholders can reap that gain.