[marinmania]

OP mentions the lawsuits did not succeed

Its not like the courts are investment banks with an evaluation arm. They are just judging if anything reaches the point where shareholders were legally harmed, which still gives a lot of gray area to the acquiring company.

[rayiner]

Lawsuits can fail for lots of reasons without a decision on the merits. It seems relevant that the reason the lawsuit failed is because the court looked at the fairness of the transaction and determined that Tesla paid a fair price.

[nmca]

This whole thread is true consistent statements that differ only in emphasis.

[DannyBee]

It's worth pointing out (IMHO) given the other comments that it's actually more than that - the fairness standard requires they prove the process was fair as well (IE a fair process that generated a fair price), which the court found they did as well.

(As you know, but others may not - this is not always the standard vs the business judgment rule, but is the standard here)

[facile3232]

shareholder value maximization, shareholder value maximization über alles

I just wanna know where we can find these shareholders and evict them from earth because they're destroying everything.

[psd1]

Sadly, my pension

I have no holdings in armaments or instruments of torture, apparently. But that's about the most constraint I can apply, short of self-managing.