Twitter's board reportedly considering 'poison pill' defence to prevent Elon Musk from buying company | Businessinsider - Business Insider South Africa


4/15/2022 12:00:00 AM3 yearsago
by Gabrielle Bienasz

Companies use the poison pill strategy to prevent a shareholder from reaching a controlling stake, something Twitter is considering, per The New York Times.

As Twitter's own bio exclaims, "What's happening?!" One could say the same about a fast-moving Thursday—and preceding couple of weeks—amid Elon Musk's attempt to buy Twitter. The New York Times and… [+1525 chars]

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