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Deals like this are all about leverage. Who has the power? The poison pill would force Musk to be a "good actor" in the negotiations. You want negotiations lik
by anonu 5y ago
Deals like this are all about leverage. Who has the power?
The poison pill would force Musk to be a "good actor" in the negotiations. You want negotiations like this to be friendly and not become a hostile takeover.
- tempnow987 5y agoUmmm. I think Elon had the leverage I'm afraid. He had DeSantis in florida threatening twitter as well. Twitter didn't get him to budge on price (unusual actually in these deals). Elon had other options other than being a "good actor". He did a take it or leave it deal. They took it, through gritted teeth it sounds like. I don't think the negotiations were "friendly".