What happened with the Twitter board?
They went from “NO!!!” (no shareholder vote and a yearlong poison pill) to “Okay! Does Monday work for you? UwU” (unanimously agreed to the buyout without even taking it to the shareholders).
Does anyone have any thoughts on the cause of this dramatic turnaround? One theory is that the next earnings call was expected to be awful and they wanted to get ahead of that. But wouldn't they have known that before the initial “No”?
So, what changed?
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