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I think that, as far as the public is aware, there weren't terms prior to the adoption of the poison pill. Musk bought a bunch of shares, and was looking to buy

I think that, as far as the public is aware, there weren't terms prior to the adoption of the poison pill. Musk bought a bunch of shares, and was looking to buy more. The poison pill was the board preemptively saying "we see what you're doing, and you have to go through us to accomplish it".

dahfizz 5y ago
This is not true. The poison pill was in response to Musk's original offer. > Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for $43 billion, the company announced Friday. https://www.cnbc.com/2022/04/15/twitter-board-adopts-poison-pill-after-musks-43-billion-offer-to-buy-company.html https://www.cnbc.com/2022/04/15/twitter-board-adopts-poison-...