2 ms·
The board actually held a pretty minimal % of the company, I would not read anything into the average shareholder's view from the board's position. Elon's next
by bpodgursky 5y ago
The board actually held a pretty minimal % of the company, I would not read anything into the average shareholder's view from the board's position.
Elon's next move was a tender offer which put the issue in front of shareholders for an up/down vote on a full buyout, which would sidestep any board poison pil.