The board of directors of the U.S. SNS giant Twitter announced on the 15th that it will take a defense measure called ”poison pill (poisonous drug clause)” to counter the acquisition proposal by entrepreneur Elon Musk.
The board of directors of the U.S. SNS giant Twitter announced on the 15th that it will take a defense measure called ”poison pill (poisonous drug clause)” to counter the acquisition proposal by entrepreneur Elon Musk.
Invoking the poison pill does not necessarily prevent Mr. Musk’s acquisition, but it could increase the purchase price and force him to negotiate with the board of directors.
Invoking the poison pill does not necessarily prevent Mr. Musk’s acquisition, but it could increase the purchase price and force him to negotiate with the board of directors.