professor milhaupt, you have studied hostile takeovers all over the world.hat makes how this is evolving different from what you have seen before? dr. milhaupt well, i think in terms of the actual offer itself, this is so far playing out according to the standard playbook in the united states of an unsolicited bid for a public company followed by the target company's management adopting defensive measures. so far nothing so special but when you think about the company, the target her,e the social media company, this is quite unique. it takes up on the conversations we are having with your previous guest about who gets to control public discourse and the form of these platforms. i think that is very distant of. -- distinct if. many social media companies have adopted dual class structures meaning the founders retain control of the enterprise by ownership of stock with super voting rights. twitter did not do that. and now we're seeing one of the potential consequences of an unsolicited bid for the company. so, it raises a lot of fascinating, new questions we h