Analysis: Elon Musk deals Twitter a wild card as shareholders seek reforms

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Elon Musk, Twitter's newest big shareholder, could alter the course of the social media company as management battles a set of proxy proposals focused on topics from civil rights to politics at its upcoming annual meeting, shareholder activists and corporate governance experts said.

Two are from conservative groups, one asking Twitter to report on its impact on civil rights and the other on its lobbying activities. Scott Shepard, a fellow at the right-leaning National Center for Public Policy Research think tank, one of the sponsors, called Musk's offer "terrific" for shareholders.

“Twitter under Musk will be what it should been -- both from a civic and a value standpoint -- all along" Shepard said via email. "Missteps, in pushing for his own unfettered speech, risk destroying the appeal of the platform for millions who need to feel safe before they can speak up,” Benton said.

 

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