CNBC: Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company

CNBC: Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company. “Under the new structure, if any person or group acquires beneficial ownership of at least 15% of Twitter’s outstanding common stock without the board’s approval, other shareholders will be allowed to purchase additional shares at a discount. The plan is set to expire on April 14, 2023.”

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