2min chapter

Patrick Boyle On Finance cover image

Elon Musk- Corporate Raider - Will He Actually Buy Twitter?

Patrick Boyle On Finance

CHAPTER

The Poison Pill

Twitter can quite reasonably argue that the poison pill protects existing shareholders from being tricked by this type of n lawful, secret stock accumulation. This delay allowed him to buy an extra 13 million shares at a lower price than he would have paid had he announced on time,. saving him and costing the shareholders who sold as much as a hundred and 50 million dollars.

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