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The Poison Pill, The State of Streaming and Guest William D. Cohan
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Is Twitter a Poison Pill?
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Under the plan, twitter stock will dilute if elon or any buyer, requires 15 % of the company's shares. Many think it's anti shareholderand an intrenchment of current management and board. Elon took the news exactly how he expected. Tweated a critique of the board and said their opinion doesn't matter because of their low number of shares. He also hinted there may be other potential bidders.
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