To my understanding, the Twitter Board did not own significant shares of the company. Having next to 0 ownership put them in the position of having nothing to g

To my understanding, the Twitter Board did not own significant shares of the company. Having next to 0 ownership put them in the position of having nothing to gain by refusing to sell Twitter and much to lose in litigation and possibly SEC fines for violating their primary Fiduciary Duty of putting shareholder interests first. Musk offered more for each share than it was worth. Welcome to the world of publicly-traded capitalism. Anyway, I know the pundits are putting out face-savey type narrative. From my armchair over here, I’m seeing that the board had no choice but to sell.