nostr:npub1vu27xnmzk962aspy8fjwe5dlm5g8pzce6s95z4lzpzgxlgy9ra9ql5pvq5 nostr:npub1mzl0h030san238ehy2f6a2xp6dsquarvx8w9rpx80yd0q5rafy7qghrrtl nostr:npub13r2d5qdmr2lf24hyjyvc4zmur55l8r8zlm22ldyngz3sp233fjcq3mtqc5 nostr:npub1scjc2e839xfmmsjfqr87huvu9qxenptmamfrcj6s98gv6frq5wgqh0el3p isnt that what the twitter execs did when elon was trying to purchase it?
nostr:npub1p02xz4ch8lh8j3dd2hgqcwmthseaegc9mqfjgaj6tvjr6rvewztqxtvu4d nostr:npub1mzl0h030san238ehy2f6a2xp6dsquarvx8w9rpx80yd0q5rafy7qghrrtl nostr:npub13r2d5qdmr2lf24hyjyvc4zmur55l8r8zlm22ldyngz3sp233fjcq3mtqc5 nostr:npub1scjc2e839xfmmsjfqr87huvu9qxenptmamfrcj6s98gv6frq5wgqh0el3p there are legal and common ways to prevent this, they're called poison pill clauses and they trigger when one investor gets too much stake in a company, the company charter authorizes just DESTROYING the share price by offering infinity shares to every other shareholder at a way cheaper price
Discussion
They threatened to do it but the promise of a golden parachute from elon was too enticing i think