Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by ameister14 on Friday April 15, 2022 @05:09PM
(#31045862)
I could be wrong but I don't think Twitter is a B corp.
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Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by riccardomc on Saturday April 16, 2022 @03:05AM
(#31050259)
Twitter is not a B-Corp indeed. However any company, not just B-Corps, can have a purpose other than shareholders value maximization. Check this article: https://doi.org/10.1111/joms.12660
There's an easily searchable index of B-Corps: https://www.bcorporation.net/en-us/find-a-b-corp
Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by ameister14 on Saturday April 16, 2022 @08:33AM
(#31051788)
>any company, not just B-Corps, can have a purpose other than shareholders value maximization.
It's moving there but I don't think it's there quite yet according to case law. The board motivations at present still have to tie back to maximizing value for shareholders.