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Benzinga
Benzinga
Business
AJ Fabino

Twitter Takes The Poison Pill: Here's What It Means For Elon Musk And Shareholders

Elon Musk Nasdaq NYSE Tesla Inc. Twitter Inc.

When Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday entered his unsolicited $43 billion bid to acquire and take Twitter Inc (NYSE:TWTR) private, the company scrambled.

Unpleased with the offer, the board of directors were reportedly debating imposing a method called a “poison pill” to prevent Musk from acquiring the company.

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