The Verge: The Twitter board is reportedly not interested in Elon’s takeover offer

The Verge: The Twitter board is reportedly not interested in Elon’s takeover offer. “Twitter’s board is also reportedly considering using a ‘poison pill’ strategy to make it more difficult for Elon to acquire a large stake in the company and avoid a hostile takeover. Poison pills can, as one example, flood the market with shares once an investor acquires stock above a certain limit, making them easier to acquire for others (and costly for a single investor to buy up) when someone attempts a takeover.”

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