axios†
Twitter Uses “Poison Pill” to Thwart Musk’s Acquisition, Giving Shareholders Time to Buy Additional Shares at a Discount and Dilute Interests Greater Than 15%Twitter’s board on Friday passed a defensive measure designed to deter Elon Musk’s hostile takeover bid of $43 billion.
This post Twitter adopts a "poison pill" to thwart Musk’s takeover, giving shareholders time to buy additional shares at a discount and dilute stakes greater than 15% (Axios)
was original published at “http://www.techmeme.com/220415/p11#a220415p11”
