The social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid
has announced a limited-duration shareholder rights plan that may thwart billionaire entrepreneur Elon Musk’s attempts to take over the company.
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Twitter adopts ‘poison pill’ plan to shield itself from Elon Musk takeoverThe social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid
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Twitter Adopts 'Poison Pill' Defence To Thwart Elon Musk Takeover BidThe move would allow Twitter shareholders to buy more shares at a discount, diluting the billionaire's stake in the social media company.
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Twitter board adopts poison pill defense to block Elon Musk's bidAlso known as a shareholder rights plan, the plan would trigger a dilution of company shares if any shareholder acquires more than 15 percent of the company's stock.
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Twitter Is Adopting a 'Poison Pill' Defense Against Elon Musk's Offer. Here's What That MeansTwitter is adopting a 'poison pill' defense against Elon Musk's offer. Here's what that means
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Twitter: Elon Musk 'not sure' takeover will succeed, but says he has a 'Plan B'The meme-posting billionaire added that he had a 'Plan B' if his offer to buy to buy Twitter for $54.20 a share was turned down - and criticised Mark Zuckerberg's model of ownership of Meta
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'Doesn't serve free speech!' Elon Musk makes £31BN hostile takeover bid to BUY Twitter'Doesn't serve free speech!' Elon Musk makes £31billion hostile takeover bid to buy Twitter
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