EP 2908-6PM TWITTER BOARD ADOPTS "POISON PILL" TO THWART MUSK MISSION TO STOP CENSORSHIP
As was widely expected and reported in the aftermath of Elon Musk going hostile on Friday morning, on Saturday morning Twitter adopted a measure that will shield it from hostile acquisition bids in a desperate step to prevent billionaire Elon Musk’s offer to take the company private and make it a bastion of free speech.
The board set up a shareholder rights plan, also known as a “poison pill” which as we clarified yesterday for the benefit of the company’s overly dramatic, overly literal and overly snowflake employees, is not literal…
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🚨SHOW ARCHIVE: EP 2908-6PM TWITTER BOARD ADOPTS "POISON PILL" TO THWART MUSK MISSION TO STOP CENSORSHIP https://thepetesantillishow.com/archives/20786
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