Brooklyn Nets’ Kevin Durant looks on during the second half of an NBA basketball game against the … [+] Chicago Bulls Wednesday, Jan. 4, 2023, in Chicago. Chicago won 121-112. (AP Photo/Pa...
Tag: Poison
Warren Buffett’s right-hand man Charlie Munger, who once called crypto ‘rat poison,’ says we should follow China’s lead and ban cryptocurrencies altogether
Charlie Munger is no fan of crypto. As vice chairman of the nearly $700 billion megaconglomerate Berkshire Hathaway, Munger has helped Warren Buffett make billions for investors since 1978 using a str...
Carvana stock jumps after ‘poison pill’ adopted, exercisable if an investor acquires at least 4.9% stake
Shares of Carvana Co. CVNA, +5.48% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying u...
Nordstrom Adopts A Poison Pill
Seattle, Washington, USA – May 27, 2012: A sign indicates Nordstrom and its founding date. … [+] Nordstrom is headquartered in Seattle, Washington. Getty The Mexican department store retai...
Department Store Nordstrom Warns Off Takeover Bids With Poison Pill
Nordstrom is attempting to ward off unsolicited interest with a poison pill strategy. Photographer: … [+] Gabby Jones/Bloomberg © 2022 Bloomberg Finance LP Department store group NordstromJWN In...
From rat poison to Beanie Babies, these celebs got bitcoin all wrong
Many famous people got Bitcoin totally wrong. Thousands dismissed it as a scam or pyramid scheme, while others predicted hackers or the government would shut it down. Skeptics like Elon Musk even crit...
Def Leppard, Mötley Crüe, Poison And Joan Jett A Home Run At Wrigley Field
Joe Elliott of Def Leppard performs on stage at Wrigley Field during ‘The Stadium Tour.’ Friday, … [+] July 8, 2022 in Chicago, IL Photo by Barry Brecheisen “Chicago! We’ve been wait...
Inflation the biggest poison for the world economy
Christian Sewing, Chief Executive Officer of Deutsche Bank, attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2020. Denis Balibouse | Reuters E...
Bitcoin No Longer Rat Poison? Warren Buffett-Backed Nubank Unveils Crypto Trading
It appears that the rising popularity of Bitcoin and other cryptocurrencies — despite the continuous carnage on the broader crypto market — has caused one of the greatest investors of all time, Warren...
Warren Buffett misses out on over 300% gain in Bitcoin since he first called it rat poison
Warren Buffett, the CEO of Berkshire Hathaway (NYSE: BRK.A), recently reaffirmed his opposition to Bitcoin (BTC), stating that it lacks any intrinsic value and that he thus cannot invest in the crypto...
What is a poison pill? Inside Twitter’s plan to block Elon Musk — Quartz
On April 15, Twitter’s board of directors adopted a poison pill defense to protect the company from Elon Musk. The Tesla and SpaceX CEO wants to buy the company for $54.20 a share, which could be seen...
Twitter: Musk should focus on knockout bid, not fighting poison pill
Elon Musk was already an advocate of free speech. Now he is an unlikely champion of shareholder democracy too. Twitter, which he wants to buy for about $43bn, just adopted a defensive “poison pill”. T...
Twitter adopts poison pill defense to block Elon Musk takeover
Twitter’s board of directors announced in a press release that the company is adopting a limited duration shareholder rights plan — a “poison pill” in merger and acquisition lingo. While the company d...
What is a ‘poison pill’ and why is Twitter swallowing one?
It’s been a wild ride for Twitter investors recently, to say the least. In just two weeks, Elon Musk became one of the social media giant’s largest shareholders, said he was joining the board, backed ...
Twitter Stock: Board Adopts ‘Poison Pill’ Plan
Twitter (TWTR) on Friday announced that its board of directors unanimously adopted a plan known as a poison pill to thwart Elon Musk’s $43 billion bid to acquire all outstanding shares of Twitte...
Twitter’s “Poison Pill” Could Prevent Elon Musk Buyout
Key Takeaways Twitter has introduced an investor policy that could prevent Elon Musk from gaining control of the company. The policy, called a “poison pill”, would dilute Musk’s hold...
Twitter Adopts ‘Poison Pill’ to Ward Off Musk Takeover
(Bloomberg) — Twitter Inc. adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and at...
Twitter Board Adopts Poison Pill To Fend Off Elon Musk’s Takeover Bid
Topline Twitter announced Friday that it has decided to adopt a limited duration shareholder rights plan, known as a “poison pill,” in response to Tesla CEO Elon Musk’s $43 billion acquisition offer a...
Twitter Is Weighing a Poison Pill Defense to Thwart Elon Musk’s Takeover Bid
(Bloomberg) — Twitter Inc.’s board is considering adopting a measure that would protect the company from hostile acquisition bids, according to people with knowledge of the matter, following bil...
Russian Oligarch Roman Abramovich Pictured At Russia-Ukraine Peace Talks After Reports Of Suspected Poisoning
Topline Russian billionaire Roman Abramovich was pictured at peace talks between Russia and Ukraine in Istanbul on Tuesday, just weeks after he and two Ukrainian negotiators were reportedly victims of...
Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Friday it believes recent tak...
Opinion: Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay
Takeovers are usually friendly affairs. Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. After some negotiating, the companies...