Johnny Q -Z
@JohnnyQ
15 April, 12:50
❗Twitter’s board of directors has issued a new “shareholder rights plan” to block Elon Musk’s proposed offer to buy the network: it can give certain shareholders the right to purchase more stock if Musk attempts to seize control. In a press release, the board of directors has called Musk's request on Twitter “an unsolicited, non-binding proposal”
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'Certain shareholders' like Vanguard and Blackrock?
01:07 PM - Apr 15, 2022
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