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> Leadership didn’t necessarily want this, shareholders did. Musk is the shareholders though? Him and come-alongs, such as Larry Ellison.
by badpun 4y ago
> Leadership didn’t necessarily want this, shareholders did.
Musk is the shareholders though? Him and come-alongs, such as Larry Ellison.
- javagram 4y agoMusk only owned about 10% of TWTR when the takeover attempt started. The majority of twitter shares were held elsewhere by shareholders who were more than happy to legally force Musk to pay ~2x market value for them after the tech stock market collapse.