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Artee5
Posts : 88
Join date : 2023-08-05

Will Twitter's 'poison pill' be too tough for Elon Musk to swallow? Empty Will Twitter's 'poison pill' be too tough for Elon Musk to swallow?

Tue Feb 13, 2024 11:01 pm
NEW YORK - The so-called "poison pill" Twitter has proposed to use against Elon Musk's potential hostile takeover is a mechanism with a proven track record that could force the outspoken entrepreneur into negotiations.
To halt a takeover, the board plans to activate the pill if the Tesla CEO comes to own more than 15 percent of Twitter.
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