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Re: CrashOverride post# 577752

Saturday, 03/18/2023 6:00:38 AM

Saturday, March 18, 2023 6:00:38 AM

Post# of 732806
You’re absolutely wrong. I’ll give you a real-life example instead of fairy tales of trillion dollar valuations for an unapproved drug!

Elon Musk offered $44B for Twitter! Dorsey was forced to bring that to the Board even though he wasn't keen on it! The deal wasn’t even structured…as a matter of record, Musk tried to get out of it by playing games. Twitter sued him to ensure the deal happened!

My point: a bona fide offer was made at a premium of the current share price, therefore the CEO was obligated to take it to the BOD for a vote.

Linda has a fiduciary responsibility to maximize shareholder value! This isn’t her pet project despite what she and many of her followers think!
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