- "It shows a coalescence of support around Mr. Dorsey;
- The public vote of confidence by key shareholders gives support for a CEO decision that was previously ruled out - it enables the board to prioritize fiduciary responsibility over prior statements;
- likely eliminates any other "serious" candidate, with them seeing the support for Mr. Dorsey.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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