The poison pill was a negotiating tactic to discourage Musk or at least get him to raise his offer. What happened? Simple. Large shareholders are in favor of t

The poison pill was a negotiating tactic to discourage Musk or at least get him to raise his offer. What happened? Simple. Large shareholders are in favor of the sale. The board here doesn't "sell" Twitter. All they do is recommend to the shareholders to accept the offer. I mean it's not quite as simple as that because there are rules about making formal takeover offers and boards can (and do) negotiate with potential buyers who may exact conditions like not seeking other offers and so on. But ultimately this is up to the shareholders and the board is just reflecting the will of those shareholders to sell.