Twitter takeover battle: Elon Musk and Jack Dorsey turn up pressure on board

Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by goodoldneon on Monday April 18, 2022 @02:08PM (#31074321)

Are they actively attempting a hostile takeover and the board thinks that they'll hurt the company? Then I think that'd be legal. Otherwise I don't see how you could make a legally defensible argument around diluting shareholders just because of their beliefs

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by ffggvv on Monday April 18, 2022 @02:15PM (#31074392)

https://www.cnn.com/2021/06/02/investing/exxon-shareholders-...

in this case yes. wonder why they dont

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by goodoldneon on Monday April 18, 2022 @02:20PM (#31074456)

They were elected to the board by shareholders. That's entirely different than a hostile takeover. You can't say "this is not in the interest of the shareholders" when the shareholders voted for it

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by ffggvv on Monday April 18, 2022 @02:25PM (#31074534)

then lets dilute the shareholders who voted for it as theyh are clearly idealogically driven and actively hostile to the company itself or its profitability

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by goodoldneon on Monday April 18, 2022 @03:22PM (#31075224)

Yea... you're stretching this one

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by ffggvv on Tuesday April 19, 2022 @12:03PM (#31084979)

i dont see why. isnt that why they are saying elon is bad? because hes driving for free speech?

why is it okay if its one person, or a few people, but >n bad actors is fine?

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Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u... by orhmeh09 on Monday April 18, 2022 @02:20PM (#31074452)

Why do you think they dont?

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