DeSantis Threatens To Sue Twitter For Blocking Musk

Mediaite reports:

Florida Gov. Ron DeSantis (R-FL) said at a Tuesday press conference that Florida is looking at potential action against Twitter, Inc. over the recent decision to use a “poison pill” play in an effort to prevent billionaire Elon Musk from taking over. The state’s pension fund, claimed DeSantis, is a Twitter investor.

During a presser at The Villages, DeSantis was asked if he would “commit to completely divesting” the state’s Twitter shares over the company’s positions and policies. “If we did that, we would not have standing to hold the board of directors accountable,” he said. “It gives us standing to do it.”

DeSantis argued that if the board has lapsed in their financial responsibility, Florida as a shareholder has standing to object.

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