Facebook parent Meta in talks to reincorporate outside Delaware

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Meta is discussing them outside the Delvaria, becoming a recent technology group that studies the state that has long been considered American corporate shelter.

The Social Media Group weighs its legal residence to move another state, such as Texas, but did not determine the destination, said the person familiar with the question.

Negotiations come after Meta Earlier this month, Chief Executive Officer Mark Uck, said that the company will send its US trust and security officers from California to Texas as a width. Renovation of “Free Speech” about its approach to moderation of content.

Uck said when the shift helped the company to “build trust to do this job, where there is less anxiety about the bias of our teams.”

Meta President Donald Trump and his allies have been charged with censorship and staff by staff by staff, but recently tried to try The new administration of the courtA number

Meta refused to interpret the possible transportation. However, the group said that it was not a plan to move its corporate headquarters out of California. Wall Street Journal first reported on his potential recovery.

Elon Musk last year won the shareholder’s support Reinstall Electrical Vehicles Tesla, leaving Tesla, leaving Delavan to block its huge payment package after a dispute, which was twice rejected by the State Corporate Law Court.

Musk, the richest man in the world, has also restored his social platform from X Delaware to Texas.

Delaware has struggled with disputes related to companies with dominant shareholders. The corporate legislation of the state defines standards of higher legal review on the so-called controlled companies.

Meta has faced several accreditation lawsuits against the Delavar of the Minority shareholders, including the rejection of shares, which will lead to Uck Uckberg.

About two-thirds of the S & P 500 are included in Delaware and the demand for many venture capital investors, which are their legal abode.

Observers of corporate lawyers believe that the protection of investors will force management teams to stay in Delaware. But a large company that will leave Meta can become a shout for further migration.

On Friday, Dropbox, the Cloud Warehouse provider stated that his shareholders approved Nevada upgrades from the Delat city. The change has been partially due to “more and more challenged environment in Delaware”, “said Dropbox regulating.

In November, the trading table, the online marketing company stated that its shareholders approved Nevada from the Delat city.

The famous investors’ trial is based on the Delaware Court, which is looking for damage from what they say, suffers more power from the company’s recent restoration.