Poison pill

Social media giant Twitter said on Friday that its board of directors has unanimously adopted a “poison pill” defence as a response to Tesla CEO Elon Musk's ...

Parag Agrawal, Twitter's chief executive, said that the company will refuse to be 'held hostage' by the world's richest man.

Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a “poison pill”, a financial device that companies have been wielding against ...

The method, known as a “poison pill” in the finance world, essentially allows existing shareholders to purchase freshly issued shares in a company at a ...

Poison pills give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive.

Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk's proposal to buy the ...

Twitter is trying to stifle Elon Musk. On Friday, the social media company unrolled a defense against Musk's unwelcome takeover bid, introducing what is ...

Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a “poison pill” — a financial device that companies have been wielding against ...

Twitter's board has indicated it doesn't want to sell the company to Elon Musk. Now, even more than in most corporate dramas, anything truly seems possible.

WASHINGTON — Twitter moved on Friday to defend itself against Elon Musk's $43 billion "hostile" takeover bid, announcing a "poison pill" plan that would make it harder for the billionaire to get a controlling stake. Musk's proposed buyout faces several ...