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Twitter, which is the subject of an unsolicited takeover bid by Elon Musk, announced on Friday that it had adopted a plan to defend itself from this offensive, supposed to prevent the Tesla boss from easily buying back his shares. .
The plan must “reduce the possibility that any entity, person or group will take control of Twitter by accumulating stock in the market without paying all shareholders an appropriate premium or giving the board sufficient time to make informed decisions,” the group said in a statement.