It doesn't need to be in the best interests of the company, it needs to be in n ... | Hacker News

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Volundr on July 9, 2022 | parent | context | favorite | on: Notice of termination of Twitter merger agreement

It doesn't need to be in the best interests of the company, it needs to be in n the best interests of the shareholders. If the company dies once Elon owns it, it sucks for the employees and Elon, but not the all important shareholders.

ModernMech on July 9, 2022 [–]

Indeed, if the point of the sale was to put Twitter in hands capable of steering the ship, they wouldn’t have sold to Musk in the first place.

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