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by tyrfing
1438 days ago
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> Let’s not forget the all the blather from Twitter board and leadership how their fiduciary duty was to not sell to Musk at this price. Is there a source for this? I certainly didn't see it. They considered rejecting the offer, and quickly passed a poison pill provision, but that was about preventing buying the company on the open market instead of making a deal like this. The offer was initially only a very short note, and Twitter decided to sell within 3 days of financing being lined up. https://www.sec.gov/Archives/edgar/data/0001418091/000119312... |
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