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Delaware Governor Discusses Potential Changes as Companies Consider Leaving State


Delaware’s Governor Matt Meyer is planning to win back business entities that are considering leaving the state, citing its historical legal expertise and favorable incorporation laws. Despite the challenges posed by competitors, Meyer is actively reaching out to companies and addressing issues related to corporate laws to encourage them to remain in the state. The billionaire CEO of Pershing Square Capital Management, Bill Ackman, recently announced plans to move his company out of Delaware, prompting criticism from other business figures like Elon Musk. Meyer acknowledges the need to balance shareholder and management rights and is working towards addressing any necessary changes to maintain Delaware’s corporate appeal. In his efforts to shape the state’s future, Meyer has met with corporate and government leaders to strategize for growth and protection of the corporate franchise. He aims to roll out initiatives in the coming weeks to ensure Delaware’s competitiveness and stability in the corporate world. Despite challenges, Meyer is confident that Delaware’s advantages outweigh those of other states like Nevada or Texas. The Delaware Courts declined to comment on this matter.

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