|
|
|
|
|
|
by dahfizz
1521 days ago
|
|
|
> The deal was first rejected by the board. And then the deal was approved by the board. Source?? The deal was never rejected by the board. Instituting a poison pill was not a rejection. Twitter made it clear with the poison pill anouncement that they had not decided on Musks offer yet. > The Rights Plan will reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium or without providing the Board sufficient time to make informed judgments and take actions that are in the best interests of shareholders,” the company said in a press release. > Twitter noted that the rights plan would not prevent the board from accepting an acquisition offer if the board deems it in the best interests of the company and its shareholders. https://www.cnbc.com/2022/04/15/twitter-board-adopts-poison-... |
|
|