Andersen Capital Management CIO Peter Andersen joined 'Mornings with Maria' to discuss the 'dysfunctionality' surrounding Twitter amid Elon Musk's takeover bid.
I'm actually pretty excited about this because I think this will show, Twitter itself, the dysfunctionality of the board. I hope they're listening to our conversation because, in corporate governance 101, the board does not own the company; they represent their shareholders.
I thought we all knew that, and for them to dismiss this kind of approach in such a short period of thinking this over, less than 24 hours, and coming out with frankly a 1980s defense of a poison pill really gives us a sense that, in that board, my projection is everybody is getting along to just go along and it's really hard to have an independent voice in a board to give a contrary opinion.
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