Twitter adopts plan to prevent Elon Musk from easily buying back his shares






© Provided by Belga


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.

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Articles:

Table of Contents