Re:Notice of termination of Twitter merger agreement
by astrange on Saturday July 09, 2022 @12:19AM
(#32031623)
They're not obligated to; boards can pretty much do whatever they want.
However, Twitter's board doesn't use Twitter and doesn't actually seem to care about it at all, so they're not exactly going to claim to shareholders they can run it better than an offer that much above its current value.
However, Twitter's board doesn't use Twitter and doesn't actually seem to care about it at all, so they're not exactly going to claim to shareholders they can run it better than an offer that much above its current value.