Replying to Avatar Sapphire Star

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

nostr:npub1vu27xnmzk962aspy8fjwe5dlm5g8pzce6s95z4lzpzgxlgy9ra9ql5pvq5 nostr:npub1mzl0h030san238ehy2f6a2xp6dsquarvx8w9rpx80yd0q5rafy7qghrrtl nostr:npub13r2d5qdmr2lf24hyjyvc4zmur55l8r8zlm22ldyngz3sp233fjcq3mtqc5 nostr:npub1scjc2e839xfmmsjfqr87huvu9qxenptmamfrcj6s98gv6frq5wgqh0el3p isnt that what the twitter execs did when elon was trying to purchase it?

Reply to this note

Please Login to reply.

Discussion

They threatened to do it but the promise of a golden parachute from elon was too enticing i think