Patrick Boyle On Finance cover image

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

Patrick Boyle On Finance

CHAPTER

Twitter and the Poison Pill

If musk or any one else acquires more than 15 % of twitters stock, then every other twitter shareholder will have the right to pay 210 dollars to acquire 420 dollars worth of twitter stock at whatever the market price is at time. Do you see what they did there? Four, 20. It's a pot smokeor joke. Adopting poison pills will never win aboard an award for great corporate governments. In some regions, poison pills are illegal and although they are legal, they're rarely used in the us.

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