Topline Shares of Twitter added to recent gains and jumped more than 5% amid reports that the social media company is in advanced talks to sell itself to Tesla billionaire Elon Musk, with a deal expec...
Tag: twitter poison pill
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...