Twitter adopts ‘poison pill’ to fight Musk takeover

Twitter on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk’s $43 billion cash takeover offer. Musk made the bid on Wednesday in a letter to the board of Twitter- the micro-blogging platform that has become a global means of communication for individuals and world leaders – and it was made public in a regulatory filing on Thursday. After … Continue reading Twitter adopts ‘poison pill’ to fight Musk takeover