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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by mr_toad on Friday April 15, 2022 @11:59PM (#31049338)
> It is the _directors_ making decisions here, not the shareholders. Those directors were chosen by management, and -- newsflash! -- they are beholden to management.

Shareholders can appoint, remove or replace directors, or even the entire board.

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