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Twitter adopts ‘poison pill’ to fight Musk

04/15/2022

Less than a minute

2022.04.15 19:51

Twitter adopts 'poison pill' to fight Musk
Elon Musk’s twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – Twitter Inc (NYSE:TWTR) on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk’s $43 billion cash takeover offer.

04/15/2022

Less than a minute

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