Twitter board of directors issue “poison pill” maneuver to block Elon Musk’s buyout proposal
Twitter’s board of directors has issued what is frequently known as a “poison pill” maneuver to block Elon Musk’s buyout offer. This tactic blocks any such hostile takeover by stakeholders, providing a speedbump for Musk. Following Musk’s public proposal to purchase the rights of Twitter for $43 billion…
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