Another Thought on the Musk-Twitter Saga
by Chris Black If the board refuse to sell to Musk at a price well above market value, could he sue the board of twitter as a shareholder for failing in its fiduciary responsibility to shareholder primacy (https://en.m.wikipedia.org/wiki/Shareholder_primacy)? I don’t know much about corporate law, but Dodge vs. Ford, 1919 (https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.) shows that such a … Read more