
Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company
Elon Musk, purchase, Shareholders, Twitter
April 18, 2022
Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for $43 billion, the company announced Friday. The board voted unanimously to adopt the plan. Under the new structure, if any person or ...Read More