Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by nonethewiser on Saturday April 16, 2022 @12:32PM
(#31053703)
> If I was a member of Twitter's board, Musk's history of erratic public behavior, SEC settlement, and openly hostile attitude towards the company's employees would be more than sufficient to justify my belief that his controlling ownership would not be in the interest of the current average shareholder.
But all that is irrelevant because he wants to take the company private- no shareholders. The impact to shareholders is the massive bailout he would give them on their shares.
If they cared about shareholders best interests they would bring it to vote.
But all that is irrelevant because he wants to take the company private- no shareholders. The impact to shareholders is the massive bailout he would give them on their shares.
If they cared about shareholders best interests they would bring it to vote.