What is Twitter’s ‘poison pill’ and what is it supposed to do?
https://www.aljazeera.com/news/2022/4/16/explainer-what-twitters-poison-pill-is-supposed-to-do
What Are Poison Pills Supposed to do?Can A Poison Pill Be A Negotiating Ploy? Musk, with 82 million followers on Twitter, had no immediate reaction to the company’s poison pill. But on Thursday he indicated he was ready to wage a legal battle. “If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty,” Musk tweeted. “The liability they would thereby assume wou...
Musk, with 82 million followers on Twitter, had no immediate reaction to the company’s poison pill. But on Thursday he indicated he was ready to wage a legal battle. “If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty,” Musk tweeted. “The liability they would thereby assume wou...
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