On the other hand Aunt Godmother Shirt .There’s far more at stake with Twitter than in a normal corporate transaction (though you could make a similar argument about CNN, whose parent company was acquired this month by Discovery Inc., or for that matter any other company that purportedly serves the public interest). Perhaps Mr. Musk will prove a fine steward of the digital town square he will soon own; it’s certainly plausible that the board, if it had seriously considered the likelihood that Mr. Musk would meddle to suit his ideology or personal interests, would have concluded he was a relatively safe pair of hands. After all, it’s not as if Twitter, in its current cacophonous state, is some utopia of mild-mannered civic discourse. But the board’s response to Mr. Musk need not have been based on any subjective evaluation of his character or motives. As Ms. Palladino points out, the board could have taken the position that serving the public interest matters most to Twitter’s long-term value, and that selling Twitter to any single, private buyer wasn’t in the interests of anyone other than short-term speculators and Mr. Musk himself.
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The world’s richest man struck a deal on Monday to buy the social media company for $54 Aunt Godmother Shirt .20 a share. Mr. Musk, who also leads the electric carmaker Tesla and the rocket maker SpaceX, has said he plans to take Twitter private and that he wants to improve the product and promote free speech on the platform. The deal is not set to close for another three to six months, Twitter told its employees on Monday. According to Tuesday’s filing, Twitter would have to pay Mr. Musk in certain circumstances if the deal goes awry. That would include if the social media company signed a deal with another suitor whose offer it deemed superior. Mr. Musk, for his part, would have to pay if his financing for the deal falls apart. Twitter declined to comment. Mr. Musk did not immediately respond to a request for comment.
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