Re:Twitter board adopts poison pill after Musk’s $43B bid to...
by LocalPCGuy on Monday April 18, 2022 @12:10PM
(#31072637)
That trial specifically seems pretty specific to his attempt to avoid paying the Dodge brothers. And I'm not saying the courts don't sometimes say that profits are the most important thing, and I'm not even saying they aren't important. But that it's not the sole thing (or even the definition of) fiduciary and so a board of directors could, as fiduciaries, make decisions at the expense of maximizing profit.
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