Trump would return to Twitter setting up his return to the white house in 2024 basically ending democracy in the USA
Twitter pushes back on Elon Musk’s hostile takeover with ‘poison pill’
NY POST -
Twitter is putting up a fight against Elon Musk’s hostile takeover bid by offering its shareholders the opportunity to buy more company stock at a discounted rate — a defensive tactic known to investors as a “poison pill.”
The move was done to make it more difficult for Musk, who currently owns 9.2% of Twitter, from upping his stake in the company to acquire more than 15% of shares.The social media platform’s board of directors announced Friday that it has “unanimously” approved a “limited duration shareholder rights plan” that would remain in effect until a year from today.
The plan “will reduce the likelihood that any entity … gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium …,” according to the company.