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Re:Ask HN: What happened to Twitter poison pill? by tptacek on Tuesday April 26, 2022 @01:03PM (#31170015)
No, that's not true. The board's job is to determine how far off the share price is from what they believe the company is worth based on their own internal projections. The board is certainly not expected to take the spot price of Twitter common stock as the ground truth of the company's valuation.
Re:Ask HN: What happened to Twitter poison pill? by leaflets2 on Tuesday April 26, 2022 @11:50PM (#31176102)
I think that's what GP said/meant, when s/he wrote:

> Maybe if the board had information that hadn't been published yet [...]

Re:Ask HN: What happened to Twitter poison pill? by tptacek on Wednesday April 27, 2022 @02:30AM (#31176968)
Of course the board has information that hasn't been published yet. Every board does.
Re:Ask HN: What happened to Twitter poison pill? by ImPostingOnHN on Wednesday April 27, 2022 @05:09AM (#31177889)
It sounds, then, like you're agreeing with the post you replied to, which seems to already include the caveat you brought up