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53: Move2earn w/ STEPN, Moonbirds NFT, Netflix vs YouTube, CNN+ Doomed & Elon Update
Not Investment Advice
Twitter's Poison Pill
Twitter adopted a poison pill the t l d r on. That is that if elon owns 15 % or more of the company, twitter can dilute him down so the issue shares at a mass of discount. Poison pills are usually meant to force a hostile take over a individual to negotiate with the board. But it sounds like the board will reject on's offer of 54 dollars and 20 cents a share,. If it does get enacted, you pay 210 dollars, and then you get 420 dollars worth of twitters stock.
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