Billionaires like Musk use their vast fortunes to build a world where they are unconstrained by laws, shareholders, consumers or accountability of any kind
Twitter’s founder and top managers don’t want Musk to take over the company. They offered him a seat on the board but he didn’t want it because he’d have to be responsible to all other shareholders. Now they’re adopting a “poison pill” to stop him. But Musk plans to buy shares directly with a tender offer that shareholders can’t refuse. After all, it’s a free market.
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