Twitter to adopt ‘poison pill’ strategy to fend off Musk’s $43B bid for platform

Twitter’s Board will adopt the “poison pill” strategy to fend off Tesla CEO Elon Musk’s $43 billion bid to buy the social media platform. A new statement from Twitter released just after noon on Friday in New York said the company plans to adopt “limited duration shareholder rights plan, enabling all shareholders realize full value … Continue reading Twitter to adopt ‘poison pill’ strategy to fend off Musk’s $43B bid for platform