> The whole thing about fiduciary duty is a bit of a meme. Fiduciary duty is very much a thing. The Twitter board with such a tiny amount of equity may incur r

> The whole thing about fiduciary duty is a bit of a meme. Fiduciary duty is very much a thing. The Twitter board with such a tiny amount of equity may incur risk from "honest services fraud," if they block shareholders from recieving the material and obvious value of the offer. https://en.wikipedia.org/wiki/Honest_services_fraud https://en.wikipedia.org/wiki/Honest_services_fraud