Twitter Board Refuses to Allow Shareholders to Vote on Elon Musk Buyout, May Now Be Sued

“Instead of accepting Elon’s premium to the share price, Twitter’s board is planning to dilute the company by giving insiders a sweetheart deal,” David Sacks noted. “This is a blatant violation of fiduciary duty and should be illegal.”

“This poison pill (defensive measure to prevent a takeover) isn’t just any poison pill,” Kip Herriage noted. “It’s the regime of the elite ruling class protecting one of their primary tools for indoctrination propaganda.”