In recent years, Florida has become the frontrunner in the America First movement. That’s all thanks to their governor, Ron DeSantis.
DeSantis has actually done what he promised to do, defending residents’ rights and values. He’s taken on the Biden administration, the radical left, and even “woke” companies like Disney.
Now, he’s setting his sights on another company run by the left. And he’s helping an unlikely ally.
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From Daily Wire:
Florida Governor Ron DeSantis signaled Tuesday that Florida will take action against Twitter’s board of directors for “breaching their fiduciary duty” by trying to stop Elon Musk’s $43 billion hostile takeover bid…
He added, “They know that he will not accept the narrative and that their little play toy of Twitter, it would not be used to enforce orthodoxy, and to basically prop up the regime and these failed legacy media outlets.”
Republican Gov. Ron DeSantis appears to be ready to action against Twitter over its board’s refusal to accept Musk’s $43 billion purchase of the company.
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While discussing it, DeSantis blasted the board. He accused them of refusing to sell because they use Twitter to prop up the left’s “regime” and keep “failed legacy media outlets” alive.
But how can Florida, a U.S. state, do anything against Twitter’s board over this Musk battle?
Well, as it turns out, the state’s pension system holds shares of Twitter. If Musk actually buys all the stock for the price he offered, it would be a massive windfall for the state pension holders.
It would be roughly a 20% ROI, something most investors don’t see in just one year. Not by a longshot.
Honestly, I wouldn’t be surprised if more shareholders sue Twitter over their rejection of Musk’s offer. Everyone who owns Twitter stock would stand to gain big time with this buyout.
But Twitter’s board is going out of its way to poison the value of the stock, just to prevent Musk from forcing Twitter to protect free speech.
This is how insane the left has become. They are robbing Americans of wealth, just to prop up their evil censorship agenda.