> Is there some kind of politics more important for corporate decision making than claiming the $20bn or so you're entitled to by contract?
Sure. It's the principle-agent problem. Twitter as a whole might make more money under scenario A, but the people who make that choice on Twitter's behalf might make more money under scenario B.
Of course, that's short term thinking if you're a C-level executive. Because scenario A gets you more money at your next job. But if you're thinking about retiring, it could work.