Twitter showing 'dysfunctionality' with poison pill move, market expert says

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Andersen Capital Management CIO Peter Andersen joined 'Mornings with Maria' to discuss the 'dysfunctionality' surrounding Twitter amid Elon Musk's takeover bid.

I'm actually pretty excited about this because I think this will show, Twitter itself, the dysfunctionality of the board. I hope they're listening to our conversation because, in corporate governance 101, the board does not own the company; they represent their shareholders.

I thought we all knew that, and for them to dismiss this kind of approach in such a short period of thinking this over, less than 24 hours, and coming out with frankly a 1980s defense of a poison pill really gives us a sense that, in that board, my projection is everybody is getting along to just go along and it's really hard to have an independent voice in a board to give a contrary opinion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Poison pill perfectly legal and ethical. Now Musk has to wait a year and everyone knows he's ADHD, so he won't have the patience. Musk will dump the stock he's already bought and move on. Shrewd move on the board's part doing a little psy ops on Musk ... Lol.

How much money does Musk make from china?

Singapore Singapore Latest News, Singapore Singapore Headlines