BOOM! Gov. DeSantis says Florida is looking to hold Twitter’s board of directors accountable for ‘poison pill’ plan

Florida Governor Ron DeSantis was asked a few minutes ago about Twitter’s “poison pill” plan to prevent Elon Musk from owning the company.

He revealed that the state of Florida is actually a Twitter shareholder, which means the state can participate in holding Twitter’s board of directors accountable for their “poison pill” plan.

And that’s exactly what DeSantis plans to do…

Here’s what DeSantis told reporters:

“The state of Florida and our pension system – we have shares of Twitter. I didn’t buy it, we have people who run the fund. But nevertheless, it hasn’t exactly been great in returns on investment. It’s been pretty stagnant for many, many years.

So, but nevertheless…I mean to me, I think that’s [the poison pill plan] probably an injury to the fund. So we’re going to be looking at ways that the state of Florida, potentially, can be holding these twitter board of directors accountable for breaching their fiduciary duty.

So stay tuned on that.”

In the video the crowd loudly applauds when DeSantis reveals this.

Honesty I think it’s hilarious that, by virtue of the state of Florida owning Twitter shares, that DeSantis gets to pursue action against Twitter over this. I hope he leads a movement to oust the board for doing this.

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