Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey – report
upd 3/10: Twitter Reaches Deal With Activist Fund That Wanted Jack Dorsey Out
But the settlement also lays the groundwork for eventually replacing Mr. Dorsey. Twitter agreed to create a new committee of five directors, including Mr. Durban and Mr. Cohn, that would study the company’s succession planning and leadership structure and recommend any changes by the end of the year.
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