Home Technology Twitter board adopts poison pill defense after Musk’s $43 billion bid to buy company : technology

Twitter board adopts poison pill defense after Musk’s $43 billion bid to buy company : technology

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Twitter board adopts poison pill defense after Musk’s $43 billion bid to buy company : technology

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This is idiotic. The price of TWTR will be lower on Monday than where he bought it, and it’s going to take him days if not weeks to offload his stake. Stop making claims when you have no idea how any of this works.

He wants control of Twitter. He knew the offer wouldn’t be accepted, but this is just the beginning of his strategy to take over the company. In six months when the stock is at 20, he’ll offer $30 per share and with the shareholder lawsuits piling up, they’ll be forced to take it.

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