Twitter Board Fires a Major Broadside Against Elon Musk by Officially Adopting the Poison Pill Measure

Twitter Board Fires a Major Broadside Against Elon Musk by Officially Adopting the Poison Pill Measure

2 years ago
Anonymous $xqL1ZTchGQ

https://wccftech.com/twitter-board-fires-a-major-broadside-against-elon-musk-by-officially-adopting-the-poison-pill-measure/

Twitter (NYSE:TWTR), the social media giant at the heart of a takeover bid from Elon Musk, just fired a major salvo across the proverbial bow of the CEO of Tesla (NASDAQ:TSLA) by choosing to institute the poison pill.

As per the company’s press statement that was released moments ago, Twitter’s board has unanimously adopted a “limited duration shareholder rights plan”: