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Politics : A Real American President: Donald Trump
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To: FJB who wrote (345258)4/15/2022 8:56:59 PM
From: locogringo6 Recommendations

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D.Austin
FJB
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Twitter Uses ‘Poison Pill’ To Stop Musk. Here’s How That Works And What Could Happen Next. | The Daily Wire

<snip>

There are three possible outcomes now, none of which are ideal for Twitter’s current board: Musk could win by successfully initiating a proxy contest to remove the directors and nix the poison pill; Musk forces the company to find a “white knight,” or alternative buyer, potentially at a higher price, thus making his shares more valuable; Musk walks away and leaves the company and the board facing a pile of lawsuits as shareholders blame them for hurting the value of their stock.
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