Tag: poison pill
Twitter Plays the “Poison Pill” to Prevent Elon Musk From Buying the Company
Lyndon Hall | Apr 15, 2022 | 0
Elon Musk’s “hostile takeover” of Twitter hit a roadblock today as the board introduced a “poison pill” to stifle the purchase. Twitter released a statement adopting a “Limited Duration Shareholder Rights Plan” to prevent Elon Musk from owning more than 15...
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