Saturday, April 16, 2022

Elon Musk's move to buy Twitter faces roadblocks

Even for the richest person on the planet, buying Twitter was always going to be a challenge—a highly complex financial transaction now made even trickier by a defensive "poison pill" move from the platform's board.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/elon-musks-move-to-buy-twitter-faces-roadblocks

EXPLAINER: What Twitter's 'poison pill' is supposed to do

Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a "poison pill" —a financial device that companies have been wielding against unwelcome suitors for decades.

source https://www.lifetechnology.com/blogs/life-technology-technology-news/explainer-what-twitters-poison-pill-is-supposed-to-do