When Musk tried to back out of his takeover bid, the board, led by then-CEO Parag Agrawal took Musk to court, which resulted in a legal battle that forced Musk to uphold the terms of his offer. ...
Reflecting on the situation, Musk commented, “Essentially, they had me cornered, saying, ‘No, you have to acquire us!'”
"cornered" 😆 🤡