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DeSantis looks to hold Twitter board 'accountable'
for response to Musk's buyout bid

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Posted By: Dreadnought, 4/19/2022 6:37:56 PM

Gov. Ron DeSantis said Tuesday that Florida will seek ways to hold Twitter's board of directors "accountable" over their response to billionaire Elon Musk's bid to take the company private. "The state of Florida, in our pension system, we have shares of Twitter," DeSantis said during a press conference. "I didn't buy it. We have people that run the fund, but nevertheless, it hasn't been great in return on investment. It's been pretty stagnant for many, many years." "To me, I think that's probably an injury to the fund, so we're gonna be looking at ways that the state of Florida, potentially, can be holding this Twitter board of directors accountable

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Reply 1 - Posted by: LadyVet 4/19/2022 8:08:36 PM (No. 1132880)
I would guess that many states own shares of Twitter in some form. Gov. Abbott needs to check Texas Teacher's Retirement System and other public retirement funds.
3 people like this.

Reply 2 - Posted by: downnout 4/19/2022 8:51:40 PM (No. 1132923)
Excellent!
5 people like this.

Reply 3 - Posted by: DVC 4/19/2022 11:08:54 PM (No. 1133032)
"Fiduciary responsibility". The Twits on the BOD should be looking up exactly what that means and how much they may be personally liable for because of their obvious violation of their fiduciary responsibility.
0 people like this.

Reply 4 - Posted by: mifla 4/20/2022 5:13:18 AM (No. 1133113)
Republicans fighting back - The Trump Legacy.
0 people like this.

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