In a new development, microblogging site Twitter's board has invoked "poison pill" in an attempt to thwart Tesla CEO Elon Musk's takeover. The move comes as a defensive response that could lead to a massive dilution of existing shareholders.
JUST IN - Twitter's board invokes "poison pill" in an attempt to thwart Elon Musk's takeover - a defensive response that could lead to a massive dilution of existing shareholders.
— Disclose.tv (@disclosetv) April 15, 2022
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