Twitter adopts 'Poison Pill' defence, warding off Elon Musk's buyout bid | WION

American microblogging company Twitter is pulling out all stops to shield itself from hostile acquisition bids. To ward off Elon Musk’s buyout bid, Twitter has announced to adopt ‘poison pill’ plan to make it harder for the Tesla CEO to get a controlling stake in the company

#Twitter #ElonMusk #Twitteracquisition

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Comment (30)

  1. Since his offer was rejected, he should dump all his shares so that their stock plummets and buy them back for pennies. Elon musk is exposing Twatter being subsidized by the government intelligence agencies and they don’t like it

  2. Very simple…take legal action against any devaluation of value by current management actions…they have a fiduciary duty to manage things properly…once these woke fools are out on the street having lost their assets (homes, investments and cash in the bank), they'll know what hit them.

  3. Twitter itself is poison! What can you say! Ban this pathetic app and Facebook along; in India at least.

  4. The type of pill that spies and swindlers takes when their unethical operations have been exposed or when they realize that they're about to be convicted and held accountable during court proceedings.

  5. just cos she is pretty doesnt mean she is good at reading the news. on the contrary…………..she is pretty crappy at it!!!!!!!!!!!!!!!!!!!!

  6. Elon musk is for free speech and Twitter And the elites are not crazy about that. Our corrupt leaders around the world try to censor the truth daily🤷‍♂️

  7. the Democrats we all know use big tech to spit their garbage and cencor conservatives but since they are ruining the country the pushback will grow

  8. Can anyone explain how this poison pill play is legal? He doesn’t own 15% and I’ve watched 2 videos so far that mentioned this threshold.

  9. Elon Musk should save his money.. not worth to buy Twitter.. can start another company with that money. Another things it's revenue isn't great

  10. This should be forced, too many people use social media. It cant be controlled by the sort of people controlling it at the moment.

  11. A lot of shareholders would be happy to have Elon take over. More people will use the platform for sure. Maybe even Donald.

  12. A poison pill that could back fire cause these companies by law need to do whats in the best interest of the shareholders not what a board of powerful equity firms and princes want.

  13. Let’s be real, does anyone take twitter seriously anymore? If musk does get twitter all the madness will just go somewhere else. (Probably lol)

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