'Take the money...and run': Elon Musk's quick deal for Twitter highlights weaknesses

Twitter's board reached the same conclusion. Directors lacked confidence in new CEO Parag Agrawal's ability to deliver a higher return than what Musk offered, clearing the way for the decision to sell just four days after the Tesla CEO detailed his financing, according to sources familiar with the board's deliberations.

from Tech-Economic Times https://ift.tt/OJs1xL6