3 ms·
Another thing that makes this take over hostile. If it's rejected, Musk begins to sell his 9%, the stock price tumbles... and share-holders will sue the board.
by hayd 5y ago
Another thing that makes this take over hostile. If it's rejected, Musk begins to sell his 9%, the stock price tumbles... and share-holders will sue the board.
I don't see how they don't have a fiduciary responsibility to sell here.