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Not really. The Board has a fiduciary responsibility to the shareholders. They can say NO to a "serious offer" only if they can claim with confidence that the
by amitamit 4y ago
Not really.
The Board has a fiduciary responsibility to the shareholders. They can say NO to a "serious offer" only if they can claim with confidence that the offer is undervaluing the assets, or if there is another better offer. Neither was true for Twitter.