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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by ChicagoDave on Monday April 18, 2022 @09:54PM (#31079041)
Institutional investors are the backbone of municipal bonds that help small towns borrow and build. They back all of the retirement vehicles in the U.S.

They give a financial stability to places that need them.

One of the reasons Twitter is stable is because of those types of investors and is not subject to the whims of individual shareholders.

No corporate leadership wants to be subject to the whims of the stock market if they can avoid it. Twitters board and its institutional investors the firewall against such things.

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