Posted on Apr 15, 2022

Twitter board adopts 'poison pill' after Musk's $43 billion bid to buy company

LTC Eugene Chu

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https://www.cnbc.com/2022/04/15/twitter-board-adopts-poison-pill-after-musks-43-billion-offer-to-buy-company.html?utm_term=Autofeed&utm_medium=Social&utm_content=Intl&utm_source=Facebook&fbclid=IwAR0rM3qanFosTZ8ZOmhlDPxRjdgkxTt2NmtrKJYhR_8jtNc_RdB87mPAw8s#Echobox= [login to see]
Twitter board of directors unanimously voted to discount stock share price if someone buys more than 15% equity without permission

Twitter board adopts 'poison pill' after Musk's $43 billion bid to buy company

Posted from cnbc.com

Posted in these groups: Twitter Bf2f5b4a

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Posted >1 y ago

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CWO4 Terrence Clark

Posted >1 y ago

This will be fun to watch. Board members are fiduciaries. They can be personally sued by stockholders.
Having been a trustee and fiduciary on union pension plans during stress periods, I would suggest they lawyer up.

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Twitter board adopts 'poison pill' after Musk's $43 billion bid to buy company

Twitter board adopts 'poison pill' after Musk's $43 billion bid to buy company

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