Or they may do what the left always does: Ignore rules/procedures/laws and carry on as if none of that matters. Either way, it will likely prove to be very interesting to watch.
Correct to a degree. However the key here is the word "must". They "should" resign. They likely won't. That will then trigger a shareholder lawsuit where they will need to explain EXACTLY why they refused. And "Ahh...we felt like it wasn't in our interest" won't cut it. And due to the size of the offer involved, it will likely outweigh their insurance bond, and potentially expose each of them to personal liability.
A multi billion dollar multinational is very different animal than a small cap public company. Elon has this planned out. Every single one of his filings and statements has clearly stated shareholder value can only be realized through free speech. This means free speech will be an absolutely inseparable part of the suit.
"How do you introduce evidence legally?"
I don't know Elon's exact legal strategy here, but even I can see the pattern. None of this is being done by whim or accident. The board won't be able to wish this away. Jack Dorsey was smart to resign. We know Salman visited him. Did he know what was coming?
You are correct. It doesn't. Neither does any unsupported opinion of the board. "Correctness" can only be determined during the shareholder lawsuit. The point is however, that what he says now as to why he is making the offer will form a relevant part of that suit. So the board will need to defend with actual facts WHY free speech is not relevant to shareholder value as part of rejecting his offer. Their personal opinion is insufficient. They have a fiduciary responsibility to evaluate his offer on its merits.
They care about power. Money is a source of power. You could argue that obsession is a form of evil, and I'd be hard pressed to disagree, but I thought I'd clarify
That’s a funny assumption that crooked weasels in power follow something called rules; and that when it becomes public knowledge of weasels having broken said rules, those weasels will self-police, and follow proper legal procedures.
The only thing they will do is spin, lie, cook the books, and announce that the rules have “changed”. If an exterior power tries to hold them accountable, it will be a bloody fight.
All I have is my snark and all of human history to paint this prediction.
Trump controls bin Salman, the guy who threw Al-Waleed bin Talal in prison. Q confirmed they seized bin Talal's assets, which would include Twitter shares. So yes, through bin Salman, Trump controls bin Talal.
Or they may do what the left always does: Ignore rules/procedures/laws and carry on as if none of that matters. Either way, it will likely prove to be very interesting to watch.
I think your prediction is closest to becoming reality
Correct to a degree. However the key here is the word "must". They "should" resign. They likely won't. That will then trigger a shareholder lawsuit where they will need to explain EXACTLY why they refused. And "Ahh...we felt like it wasn't in our interest" won't cut it. And due to the size of the offer involved, it will likely outweigh their insurance bond, and potentially expose each of them to personal liability.
A multi billion dollar multinational is very different animal than a small cap public company. Elon has this planned out. Every single one of his filings and statements has clearly stated shareholder value can only be realized through free speech. This means free speech will be an absolutely inseparable part of the suit.
"How do you introduce evidence legally?"
I don't know Elon's exact legal strategy here, but even I can see the pattern. None of this is being done by whim or accident. The board won't be able to wish this away. Jack Dorsey was smart to resign. We know Salman visited him. Did he know what was coming?
You are correct. It doesn't. Neither does any unsupported opinion of the board. "Correctness" can only be determined during the shareholder lawsuit. The point is however, that what he says now as to why he is making the offer will form a relevant part of that suit. So the board will need to defend with actual facts WHY free speech is not relevant to shareholder value as part of rejecting his offer. Their personal opinion is insufficient. They have a fiduciary responsibility to evaluate his offer on its merits.
There won't be a lawsuit.
Believe that if you want. But the future will prove you are very wrong.
Want to bet actual cash money on that?
Nice to see someone here with a grasp on reality
They care about power. Money is a source of power. You could argue that obsession is a form of evil, and I'd be hard pressed to disagree, but I thought I'd clarify
Seriously...How the hell does twitter make money?
"Seriously...How the hell does twitter make money?"
Same way as Fakebook.
Supported by govt black funds, taxpayer, fake printed and digital $, all in the name of propaganda [see: Life Log, DARPA]
FB sells peoples data and lotsa advertising. They at least have a "store front". Does twit have any legit $$$ stream?
indirectly, yes. deep state prob pays them to push their propaganda
Propaganda isn't for making money.
That’s a funny assumption that crooked weasels in power follow something called rules; and that when it becomes public knowledge of weasels having broken said rules, those weasels will self-police, and follow proper legal procedures.
The only thing they will do is spin, lie, cook the books, and announce that the rules have “changed”. If an exterior power tries to hold them accountable, it will be a bloody fight.
All I have is my snark and all of human history to paint this prediction.
Exactly...... when will we learn?
https://greatawakening.win/p/15HbSArEJc/2-hours-ago-musk-put-up-a-poll-o/c/
What legal jeopardy would that put them in personally?
Perhaps? The people see it's not as it seemed; it's not about money; it's about Control ! Fiduciary duty is not in their wheelhouse.
That only counts if the shareholders themselves want Musk to buy.
Musk has them against the wall and he wins either way.
Trump controls bin Salman, the guy who threw Al-Waleed bin Talal in prison. Q confirmed they seized bin Talal's assets, which would include Twitter shares. So yes, through bin Salman, Trump controls bin Talal.
I too thought he was neutralized but made a move to reject musk's offer