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.
The defensive move from Twitter is an attempt to fend off Musk's hostile takeover attempt of the social network.
Twitter says its board of directors has unanimously adopted a "poison pill" defence in response to Tesla CEO Elon Musk's proposal to buy the company and ...
Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a โpoison pillโ, a financial device that companies have been wielding against ...
Twitter Inc adopted a 'poison pill' on Friday, a standard takeover defense that limits Elon Musk's ability to raise his stake in the social media platform, ...
The so-called โpoison pillโ plan signals that Twitter does not look favorably upon Elon Musk's bid to take over the social media giant.
On April 4, information appeared on the market that the Tesla boss had a 9.2 percent stake. Twitter shares, becoming the company's largest single shareholder.