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I think that Delaware has a takeover statute that’ll basically for the next few years prevent Musk from effecting a hostile takeover without the support of the board. And if he acquirers enough shares to to become a “controlling” stockholder, he’ll owe fiduciary duties to the rest of the stockholders based on his status as a controller.



Good info, didn’t know that.

But, if he acquires a controlling stake he can vote his own board and go that route. Either ways I don’t see this ending well for Twitter - though may not happen in time for the midterm elections. 2024, who knows..




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