Gov. Ron DeSantis said Tuesday that Florida will seek ways to hold Twitter's board of directors “accountable” over their response to billionaire Elon Musk's bid to take the company private.
's board of directors "accountable" over their response to billionaire Elon Musk's bid to take the company private.
"The state of Florida, in our pension system, we have shares of Twitter," DeSantis said during a press conference. "I didn't buy it. We have people that run the fund, but nevertheless, it hasn't been great in return on investment. It's been pretty stagnant for many, many years." Gov. Ron DeSantis speaks at a press conference at the Eau Gallie High School aviation hangar in Melbourne, Florida, on March 22."To me, I think that's probably an injury to the fund, so we're gonna be looking at ways that the state of Florida, potentially, can be holding this Twitter board of directors accountable for breaching their fiduciary duty," he added.Musk offered to purchase Twitter and take it private for $54.
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