Nell Minow, a corporate governance expert who is vice chair of ValueEdge Advisors, said Twitter’s timing for the shareholder vote, which is a required step in completing the deal, is probably not a coincidence. Holding the shareholder vote before the trial signals that Twitter is continuing the deal as normal.“I think it’s strategic,” she said….
Tag: Elon Musk
Twitter Sues Elon Musk to Force Him to Complete $44 Billion Acquisition – The New York Times
Our prediction is that this will end in a settlement with Musk paying somewhat less than the $1 billion kill fee he recklessly agreed to when he even more recklessly waived almost all rights of inspection. This may be Twitter’s all-time highest ROI. Twitter sued Elon Musk on Tuesday to force the billionaire to complete…
Elon Musk Lashes Out After Tesla Dropped From ‘Social Good’ S&P ESG Index
Elon Musk lashed out on Wednesday on Twitter—the social media platform he has perhaps pretended he will buy—to complain that Tesla has been dropped from a stock market index that includes companies committed to the environment, social concerns like diversity, and corporate governance. “ESG is an outrageous scam!” Musk said, referring to the acronym that…
GOP Members of Congress Pressure Twitter on Musk Offer
The Republican party, which once prided itself on being the party of free market economics and support for business and deregulation (VEA Chair Robert A.G. Monks and Vice Chair Nell Minow worked on President Reagan’s Task Force on Regulatory Relief) has become the party of government intrusion on business, the nanny state. if the nanny…