DeSantis Deploys Flame Thrower and Goes After Twitter Board

[bripat9643]

I don't see who the twitter oligarchs are going to maintain control after this:

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DeSantis Deploys Flame Thrower and Goes After Twitter Board​

Florida Gov. Ron DeSantis is threatening to sue Twitter’s board of directors if it doesn’t take the best buy-out offer from tech billionaire Elon Musk.​

​

DeSantis announced today that because Florida’s pension plan is invested in Twitter, he has standing to sue the board for breaching its fiduciary duty to do what’s best for shareholders.​

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The Tesla billionaire offered to buy Twitter for $43 billion, but the board of directors activated a “poison pill” to kill the deal.​

​

DeSantis says he’s “looking at ways the state of Florida potentially can be holding these Twitter board of directors accountable for breaching their fiduciary duty.” He says his is not a benign threat because his state owns shares of Twitter. “I didn’t buy it [and] we have people that run the fund,” said the Florida Republican, but he said Twitter has some explaining to do. “[Twitter] hasn’t exactly been great on returns on investment; it has been pretty stagnant for many, many years. To me, I think that is probably an injury to the fund.”​

 

[skews13]

I don't see who the twitter oligarchs are going to maintain control after this:

​

DeSantis Deploys Flame Thrower and Goes After Twitter Board​

Florida Gov. Ron DeSantis is threatening to sue Twitter’s board of directors if it doesn’t take the best buy-out offer from tech billionaire Elon Musk.​

​

DeSantis announced today that because Florida’s pension plan is invested in Twitter, he has standing to sue the board for breaching its fiduciary duty to do what’s best for shareholders.​

​

The Tesla billionaire offered to buy Twitter for $43 billion, but the board of directors activated a “poison pill” to kill the deal.​

​

DeSantis says he’s “looking at ways the state of Florida potentially can be holding these Twitter board of directors accountable for breaching their fiduciary duty.” He says his is not a benign threat because his state owns shares of Twitter. “I didn’t buy it [and] we have people that run the fund,” said the Florida Republican, but he said Twitter has some explaining to do. “[Twitter] hasn’t exactly been great on returns on investment; it has been pretty stagnant for many, many years. To me, I think that is probably an injury to the fund.”​

Twitter isn't a fiduciary numbnuts.

 

[bripat9643]

Twitter isn't a fiduciary numbnuts.

You're an idiot. Twitter has a judiciary respo0\nsiblity to its shareholders. The state of Florida is a shareholder.

"fiduciary is not a proper noun. It's and adjective.

 

[Canon Shooter]

DeSantis is going after another company now?

This is dangerous. I understand his rationale, but the reality is that John Q. Public is going to look at DeSantis and see someone who used the power of the State to go after companies he doesn't like...

 

[Canon Shooter]

You're an idiot. Twitter has a judiciary respo0\nsiblity to its shareholders. The state of Florida is a shareholder.

Dude, pro tip: If you're going to call someone an idiot, you should probably make sure that you're not saying that Twitter has a "judiciary respo0\nsiblity" [wtf?] over anyone...

 

[Leo123]

DeSantis is going after another company now?

This is dangerous. I understand his rationale, but the reality is that John Q. Public is going to look at DeSantis and see someone who used the power of the State to go after companies he doesn't like...

John Q. Public elected DeSantis.

 

[bripat9643]

Dude, pro tip: If you're going to call someone an idiot, you should probably make sure that you're not saying that Twitter has a "judiciary respo0\nsiblity" [wtf?] over anyone...

Harping on typos is the sign of a weasel.

 

[Canon Shooter]

John Q. Public elected DeSantis.

So you think John Q. Public will simply accept anything and everything he does?

That's pretty myopic...

 

[Canon Shooter]

Harping on typos is the sign of a weasel.

Okay, so the sloppy typing is one thing.

The use of the word "judiciary" demonstrates ignorance of the word, as well as the word it was used in place of...

 

[bripat9643]

Okay, so the sloppy typing is one thing.

The use of the word "judiciary" demonstrates ignorance of the word, as well as the word it was used in place of...

You demonstrated ignorance of the word by using it as a noun instead of an adjective. Unless, that is, you weren't aware that Florida owned Twitter stock.

 

[BlueGin]

I don't see who the twitter oligarchs are going to maintain control after this:

​

DeSantis Deploys Flame Thrower and Goes After Twitter Board​

Florida Gov. Ron DeSantis is threatening to sue Twitter’s board of directors if it doesn’t take the best buy-out offer from tech billionaire Elon Musk.​

​

DeSantis announced today that because Florida’s pension plan is invested in Twitter, he has standing to sue the board for breaching its fiduciary duty to do what’s best for shareholders.​

​

The Tesla billionaire offered to buy Twitter for $43 billion, but the board of directors activated a “poison pill” to kill the deal.​

​

DeSantis says he’s “looking at ways the state of Florida potentially can be holding these Twitter board of directors accountable for breaching their fiduciary duty.” He says his is not a benign threat because his state owns shares of Twitter. “I didn’t buy it [and] we have people that run the fund,” said the Florida Republican, but he said Twitter has some explaining to do. “[Twitter] hasn’t exactly been great on returns on investment; it has been pretty stagnant for many, many years. To me, I think that is probably an injury to the fund.”​

Apparently the shareholders are putting pressure on Twitter in general.

Twitter Facing Mounting Pressure From Shareholders To Take Specific Action Over Potential Buyout: Report | The Daily Wire

www.dailywire.com

 

[Leo123]

So you think John Q. Public will simply accept anything and everything he does?

That's pretty myopic...

I think YOU don't know what John Q. Public thinks. That was my point.

 

[Canon Shooter]

You demonstrated ignorance of the word by using it as a noun instead of an adjective. Unless, that is, you weren't aware that Florida owned Twitter stock.

You truly are a stupid fuck, you know that?

Link to the post where I used the word "fiduciary", or where said Disney didn't own Twitter stock, and I'll buy you a fucking house. Otherwise, your apology is accepted, you stupid fuck.

Shouldn't be too difficult, hammerhead. Not like there were a ton of posts made before mine...

 

[Canon Shooter]

I think YOU don't know what John Q. Public thinks. That was my point.

Well, you said John Q. Public elected DeSantis.

That would be me. I voted for DeSantis.

Thanks for playing...

 

[Leo123]

Well, you said John Q. Public elected DeSantis.

That would be me. I voted for DeSantis.

Thanks for playing...

1 person is not the public.

 

[bripat9643]

You truly are a stupid fuck, you know that?

Link to the post where I used the word "fiduciary", or where said Disney didn't own Twitter stock, and I'll buy you a fucking house. Otherwise, your apology is accepted, you stupid fuck.

Shouldn't be too difficult, hammerhead. Not like there were a ton of posts made before mine...

You're right, skews did it, but you chimed in to support him.

 

[justoffal]

Twitter isn't a fiduciary numbnuts.

Hmmmm....maybe not directly but they are public sooooo I'm not too sure they are immune from this accusation....it's pretty clever actually.

 

[Canon Shooter]

1 person is not the public.

Correct.

But you said "John Q. Public" elected DeSantis, as if that neant somethihg, I was just pointing out that may who voted for DeSantis may be less likely to do so in the future...

 

[Canon Shooter]

You're right, skews did it, but you chimed in to support him.

No I didn't, asshole...

 

[OKTexas]

Twitter isn't a fiduciary numbnuts.

The boards of all publicly traded companies have a fiduciary responsibility to the share holders. Your just not very smart, are ya?

.