Twitter is hoping to fight back against a hostile takeover from Elon Musk with a corporate maneuver called a “poison pill” shareholder rights plan, which according to the New York Times has rarely been attempted by a tech company of this size. Developed in the 1980s as a tactic to hold…
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Facing a Hostile Takeover from Elon Musk, Twitter Adopts “Poison Pill” Defense
Wren Graves