Twitter's all hands meeting to discuss the Elon Musk hostile takeover just wrapped up! Whaddya think they talked about, guise? (see too comment)
(media.greatawakening.win)
BREAKING NEWS
Board has a fiduciary duty to do whats best for INVESTORS not the crybaby faggots that work there. If an offer at 30% over value is not in the investors best interest I don't know what is.
You had me at crybaby faggots
Hehe, can't help myself <evil grin>
https://googlethatforyou.com?q=fiduciary%20responsibility%20definition
Some times you need to spoon feed people lol.
Kek. Never heard of that website. Man will people hate me even more now 😂🤣😂
Damn you've been missing out, it's a classic lol
DUDE!!! THANK YOU!
I've never seen that site before, but I'm gonna get some use out of that for sure.
There’s a DuckDuckGo version but honestly, they’re not any better.
Classic 😹🤣👌🏻
I believe if the board block a reasonable offer, ie, working AGAINST those who invested much in the company, then there are severe consequences.
2 weeks grounded at least
Crybaby faggots ,,brahaaahaha Please let's make shirts !
But what happens if the board breaks their fiduciary obligation? Are there some penalties? Suppose they refuse Musk bid and Musk drops all his shares, destroying Twitter, does the SEC prosecute the Twitter board or something?
They can be personally sued. The board D&O can cover, but ultimately there is a cap - it is why board members are encouraged to buy personal umbrella coverage.
Good summary:
https://www.thehartford.com/management-liability-insurance/d-o-liability-insurance/explained