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Twitter adopts a "poison pill" to thwart Elon Musk takeover, giving shareholders time to purchase additional shares at a discount and dilute Musk's stake (Axios)

Photo of Grace Will Grace Will April 15, 2022
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Axios:

Twitter adopts a “poison pill” to thwart Elon Musk takeover, giving shareholders time to purchase additional shares at a discount and dilute Musk’s stake  —  Twitter’s board on Friday enacted a defensive measure meant to deter Elon Musk’s $43 billion hostile takeover bid.



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