Twitter Board Adopts 'Poison-Pill' Defense To Block Elon Musk's Bid To Buy Company
The move comes as a defensive response that could lead to a massive dilution of existing shareholders.
In a new development, microblogging site Twitter's board has invoked "poison pill" in an attempt to thwart Tesla CEO Elon Musk's takeover. The move comes as a defensive response that could lead to a massive dilution of existing shareholders.
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