[tempnow987]

Um, I'm afraid you might be the one getting flagged :)

Shareholder pressure, which was rumored to include governors and ag's in states with pension investments in twitter who don't like twitter, was out there.

They risked a decline of twitter's stock price if Elon withdrew his offer AND sold his (largish) block of shares AND announced a competing service with some of his billions.

Twitter has its HQ in SF, but that doesn't mean it can blow florida pension money because they don't like musk.

So yes, the board, taking into consideration shareholders and their duty there, may have been in a tough spot. It certainly doesn't seem like they got any increase in price.