Many institutional investors, legal scholars and shareholders' attorneys have opposed the bill, arguing that it would harm ...
Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, ...
But several companies, including Meta Platforms, Dropbox and Bill Ackman's management company, recently have said they were moving or considering moving their incorporation out of Delaware ...
It's not enough to ruin the federal government. Musk doesn't think corporations should have to play by state rules, either.
Dropbox moved its site of incorporation to Nevada, and Bill Ackman said his Pershing Square Capital Management would exit Delaware. Meta and Walmart are reportedly considering leaving.