Elon Musk threatens Twitter board ...News

Economy by : (Russia Today) -
World’s richest man vows to sack social media giant’s directors if his takeover bid succeeds Billionaire entrepreneur Elon Musk has come up with a quick way to lop off some costs if he prevails in a bid to acquire Twitter: ceasing to pay the company’s board members, who have tried to block the takeover, allegedly to the detriment of the shareholders they supposedly represent. Musk, whose fortune is estimated at nearly $270 billion by Forbes, vowed on Monday to fire Twitter’s directors – or at least cut off their compensation – if and when his $43 billion takeover goes through. He made his comment in response to in

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