Twitter board announces one-year Poison Pill against Elon Musk pouring 1.4 trillion takeover in cash

Agency – Twitter Board Announcing Friday (April 15) the use of the Poison Pill for a year once morest Elon Musk’s efforts. To buy all the shares worth $43 billion, or regarding 1.4 trillion baht, media across America likened Musk to goblin, as he offered ideas to turn offices into homeless shelters.

US media outlet CNN reported Friday (April 15) that Twitter’s board announced a one-year Limited Duration Shareholder Rights Plan, simply known as the Poison Pill. to prevent the takeover of Elon Musk Tesla car company owner and space exploration company SpaceX

According to prnewswire, the shareholder rights plan aims to make sure all shareholders realize the full value of investing in Twitter. And this plan will reduce the likelihood of any legal entity. or any person or group to take control of the Twitter company through the open market This shareholder rights plan will expire on April 14, 2023.

CNN reported that the Twitter board announced a shareholder rights plan on Friday (15) to protect the rights of other shareholders. besides musk The plan will go into effect immediately if Elon Musk or another investor buys more than 15% of the company’s stock. Musk currently owns regarding 9.2% of Twitter’s stock. It is no longer the top shareholder of Twitter, as the Vanguard group recently cut off the page and announced that it has 10.3% of Twitter’s total stake in hand.

Business Insider reported that On Thursday (14), Musk admitted that His takeover of $43 billion in cash to Twitter may not have been successful.

Fox News reports that Musk also jokingly remarked last Saturday: There may be some glitches in the game. If he can’t buy Twitter successfully.

David Sacks, co-founder of Craft Ventures, tweeted: “If the game is fair enough Elon will be able to buy Twitter. If the game has a tact. There would be some reason why he mightn’t buy it.”

Sachs tweeted, “We’re just regarding to find out how deep the corruption is.”

And Musk replied, “Of course.”

In a CNN report on Thursday, Musk defended the Twitter buyout announcement, saying: Do it for the civilization of mankind. Not doing it for the need of money at all.

Musk, the wealthy and smart billionaire who has been portrayed as Tony Stark aka Iron Man of Marvel Universe, announced this week. Set the table to pay $43 billion cash to buy that Twitter company. The media across America pointed out that His perverted behavior was similar to how he instantly transformed into a goblin villain.

US media Axios reported Thursday (14) in depth that The Tesla mogul can be a lethal villain if he’s in goblin mode, such as taking over Twitter following declaring he owns the largest stake.

In a 138-word letter Musk sent to Twitter CEO Bret Taylor, Axios pointed out: Musk used the words “I” or I or “my” or mine 11 times in a letter to the chairman of the board. He also announced with goosebumps: “Twitter is extraordinary. I will unlock it.”

And Musk in the goblin was also found to have tweeted a number of tweets following the idea of ​​a Twitter acquisition, such as turning many of Twitter’s headquarters into homeless homes.

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