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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by bko on Friday April 15, 2022 @08:09PM (#31047573)
It doesn't have to be complicated. The shareholders should have a right to decide through a proxy vote on whether to accept the offer
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by rufusroflpunch on Friday April 15, 2022 @08:47PM (#31047845)
To me, this seems obvious. No reason something this fateful shouldn’t be put to shareholder vote. No good reason, at least.
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by chx on Saturday April 16, 2022 @02:38AM (#31050127)
Yishan Wong , the CEO of Reddit until 2012 have tweeted a long thread about how Musk doesn't understand the current state of moderation necessary because he was much more involved with an earlier Internet. But I am of opinion that Yishan is also behind as one half of the debaters simply left facts and reality behind. This post here is an example.
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by ben_w on Saturday April 16, 2022 @03:30AM (#31050399)
Shareholding is not democratic. It is one-dollar-one-vote and therefore plutocratic rather than democratic.

(I was going to say it also involves too much money to be lefty, but then I realise that just might be my Overton window and isn’t necessarily related to what you think “lefty” means).

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by rpmisms on Saturday April 16, 2022 @03:55AM (#31050523)
The massive and immediate shift from "It's a private company and they can do what they want" to chanting in unison "This is a danger to our democracy" has been horrifying to watch.

I don't own a TV, and yet I can tell you what the chiron said this morning, nearly verbatim. Ask anyone who watched it.

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by bpodgursky on Friday April 15, 2022 @11:28PM (#31049165)
Yeah, I think Elon is going to demand this (and as a 9% shareholder himself, is likely to get it)
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by lokar on Sunday April 17, 2022 @12:41AM (#31058559)
He could have made a cash tender if he was serious. But he isn't, and does not have the cash.