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Twitter board adopts 'poison pill' against Musk's bid

Apr 15, 2022 · Documented · social-media

Image: CNBC

Twitter's board unanimously adopted a one-year shareholder rights plan that would dilute any investor buying 15% or more without board approval.

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

1. Twitter board adopts 'poison pill' after Musk's $43 billion bid to buy company
2. reuters.com

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