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> Twitter noted that the rights plan would not prevent the board from accepting an acquisition offer if the board deems it in the best interests of the company
by soheil 5y ago
> Twitter noted that the rights plan would not prevent the board from accepting an acquisition offer if the board deems it in the best interests of the company and its shareholders.
It's more like an insurance policy, it doesn't mean they're not going to sell if the offer is attractive enough.