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Amoxtli to Economy@lemmy.worldEnglish · 10 days ago

MercadoLibre proposes to move US legal home to Texas from Delaware

finance.yahoo.com

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MercadoLibre proposes to move US legal home to Texas from Delaware

finance.yahoo.com

Amoxtli to Economy@lemmy.worldEnglish · 10 days ago
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Among Latin America's largest companies, the e-commerce giant is considered the region's answer to Amazon and is also spear-heading a digital drive with expansions in online financial services. Delaware was until recently the undisputed home of U.S. corporations thanks to its friendly legislation, though few companies have operations there. However, a trickle of firms have left Delaware for Texas - notably Elon Musk's Tesla after a local judge ruled against a proposed pay package.
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