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The Independent UK
The Independent UK
National
Via AP news wire

EXPLAINER: What Twitter's 'poison pill' is supposed to do

Twitter Inc. Elon Musk PeopleSoft Oracle
Copyright 2017 The Associated Press. All rights reserved.

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

WHAT ARE POISON PILLS SUPPOSED TO DO?

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