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What about that poison pill?
by mikevm 4y ago
What about that poison pill?
- danadannecy 4y agoThe poison pill prevents Musk from taking over by simply buying 51% of stock, and allows him to proceed only by giving the board an offer they agree to, in which case they'll remove the poison pill.
- LegitShady 4y agoIt activates when someone gets 15%...but musk will acquire the entire company at once effectively bypassing it.
- deleted 4y ago[deleted]