Hacker News Reader

Twitter was not a hostile takeover.

https://en.wikipedia.org/wiki/Acquisition_of_Twitter_by_Elon...

> Twitter's board publicly and unanimously accepted the buyout offer for $44 billion

Maybe they could have. But they have 1.4 billion reasons to just walk away and either retire or try something else instead.

I wonder if existing management had a lot of social ties to the existing workforce so that they couldn't easily get away doing that themselves without a big hit to their reputation.

Letting someone else do the dirty work allows them to disassociate themselves from the (predictable) outcome and frame it as just business.