Re:Twitter just banned a wave of prominent journalists with ...
by kasey_junk on Thursday December 15, 2022 @09:29PM
(#34008907)
The shareholders voted for it. The board effectively had to comply.
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Re:Twitter just banned a wave of prominent journalists with ...
by tptacek on Saturday December 17, 2022 @12:56PM
(#34030286)
Not really, at least not within a reasonable amount of time to close the deal. Lots of Levine about how Musk couldn't really force the deal with a tender offer, right?
But, I mean, the board did the right thing; their obligation is to the shareholders, and the price Musk offered was absurdly high.
Re:Twitter just banned a wave of prominent journalists with ...
by kasey_junk on Saturday December 17, 2022 @02:59PM
(#34031579)
Once the vote happened I’m not sure the board could have stopped the deal without being sued forever. Rightly so, because it was such a high offer.