Twitter Adopts ‘Poison Pill’ Defense Against Musk Buyout Bid - Channels Television


4/16/2022 12:00:00 AM3 yearsago

Twitter moved Friday to defend itself against Elon Musk’s $43 billion hostile takeover bid, announcing a “poison pill” plan that would make it harder for the billionaire to get a controlling stake. Musk’s proposed buyout faces several hazards, including possi…

(FILES) In this file photo taken on March 22, 2022, Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” in Gruenheide, southeast of Berlin. (Photo by Pa… [+4110 chars]

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