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by evanelias 1307 days ago
Isn't the board of directors legally responsible for obtaining the best financial result for shareholders? If someone makes an above-market-value offer for the company, I doubt they can just say "no" without severe consequences and lawsuits.

On top of that, GOP members of congress were threatening an investigation if they turned down the offer: https://www.cnbc.com/2022/04/22/republicans-demand-twitter-b...