2 ms·
> But there's also the question: will Twitter's board really go to court to force Musk to buy it at $54.20? There's also the question of politics here. Even if
by CPLX 4y ago
> But there's also the question: will Twitter's board really go to court to force Musk to buy it at $54.20? There's also the question of politics here. Even if Twitter's board is in the legal-right to do so, forcing Musk to become the new owner is bad politics.
Is there some kind of politics more important for corporate decision making than claiming the $20bn or so you're entitled to by contract?
- dragontamer 4y ago> Is there some kind of politics more important for corporate decision making than claiming the $20bn or so you're entitled to by contract? Corporate politics are politics like any other. They're very complicated. https://www.engadget.com/musk-twitter-lawsuit-florida-pension-fund-010029248.html https://www.engadget.com/musk-twitter-lawsuit-florida-pensio...
- HWR_14 4y ago> Is there some kind of politics more important for corporate decision making than claiming the $20bn or so you're entitled to by contract? Sure. It's the principle-agent problem. Twitter as a whole might make more money under scenario A, but the people who make that choice on Twitter's behalf might make more money under scenario B. Of course, that's short term thinking if you're a C-level executive. Because scenario A gets you more money at your next job. But if you're thinking about retiring, it could work.