Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adam Eckert

'If Elon Musk Wants To Buy Twitter, He Will': So Here's How To Trade It

Following Tesla Inc (NASDAQ:TSLA) CEO Elon Musk's bid to buy Twitter Inc (NASDAQ:TWTR), the social media company adopted a limited duration shareholder rights plan, often referred to as a "poison pill."

What To Know: The rights plan aims to reduce Musk's likelihood of gaining control of Twitter through open market accumulation without paying all shareholders an appropriate premium or without providing the company sufficient time to make a decision.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.