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 ...
The defensive move from Twitter is an attempt to fend off Musk's hostile takeover attempt of the social network.
Twitter's board of directors has adopted a limited-term shareholder rights plan called a "poison pill" that could make it harder for Elon Musk to acquire ...
Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a “poison pill”, a financial device that companies have been wielding against ...
Twitter has unveiled its plan to fight Elon Musk's bid for the company. It's a well-worn tactic to fend off corporate raiders and hostile takeovers.
FILE- The Twitter icon is displayed on a mobile phone in Philadelphia on April 26, 2017. Twitter said in a statement Friday, April 15, 2022, that its board ...
The so-called “poison pill” plan signals that Twitter does not look favorably upon Elon Musk's bid to take over the social media giant.
Twitter's board has indicated it doesn't want to sell the company to Elon Musk. Now, even more than in most corporate dramas, anything truly seems possible.
PROVIDENCE, R.I. (AP) — Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk's ...