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Nate Moore's avatar

Twitter accepted the deal because corporations have one overriding mission: Maximize shareholder value. Shareholders got paid way above a realistic market price.

I don’t think any population of Twitter’s users, vendors, customers, business partners, etc. would have accepted the deal.

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Mike Mc's avatar

Exactly correct. If board had let him out they would be subject to shareholder derivative lawsuits out the wazoo.

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