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But activist shareholders could sue the board / executives for breach of their duties and get money out of it. Whether or not they actually care, they could pr

But activist shareholders could sue the board / executives for breach of their duties and get money out of it. Whether or not they actually care, they could pretend to care in order to profit from it. Regardless if it’s true, they could say they lost out on Elons buyout because the board acted inappropriately before and during the buyout negotiations.

nawgz 4y ago
You are making the risk assessment the expected value of legal action is higher than the expected value of market returns or other applications of that same fund. I'm not sure where you gained such confidence.