3 ms·
Mysterious why you get downvoted so much. Musk has spent the last days talking to other big shareholders as is widely reported in mainstream news. It's not som
by fleddr 5y ago
Mysterious why you get downvoted so much.
Musk has spent the last days talking to other big shareholders as is widely reported in mainstream news. It's not some far fetched conspiracy theory.
Yes, technically it is correct that this combined shareholder pressure does not oblige the board to comply, but for sure this adds a ton of pressure. Even more so given the malperformance of Twitter as a company.
Add to that the weakness of the board which has zero founders, and none owning any meaningful amount of shares themselves.