Twitter's ILLEGAL 'Poison Pill' Will Cause Stock To Tumble
danlaskowski.substack.com
From CNN Business"The "poison pill" provision, announced in a press release Friday, preserves the right for Twitter shareholders other than Musk to acquire more shares of the company at a relatively inexpensive price, effectively diluting Musk's stake.The provision will be triggered if Musk (or any other investor) acquires more than 15% of the company's shares. Musk currently owns around 9% of Twitter's shares. "
Twitter's ILLEGAL 'Poison Pill' Will Cause Stock To Tumble
Twitter's ILLEGAL 'Poison Pill' Will Cause…
Twitter's ILLEGAL 'Poison Pill' Will Cause Stock To Tumble
From CNN Business"The "poison pill" provision, announced in a press release Friday, preserves the right for Twitter shareholders other than Musk to acquire more shares of the company at a relatively inexpensive price, effectively diluting Musk's stake.The provision will be triggered if Musk (or any other investor) acquires more than 15% of the company's shares. Musk currently owns around 9% of Twitter's shares. "