Elon Musk Warning..! Poison Pill Program..!?

Elon Musk, who is determined to capture twitter, has been facing a series of protests in the past. twitter Employees has been working with investors to prevent twitter from taking over Elon Musk. Elon Musk on his twitter, If the twitter management approves his $ 43 billion offer, he will first announce the salary of everyone on the board as $ 0. It could save $ 3 million a year. Currently on the twitter board are Brett Taylor, Barack Agarwal, Mimi Alemeho, Jack Dorsey, Econ Durban, Martha Lane Fox, Omid Courtestani, Dr. Fee-Fayley, Patrick Pichet, David Rosenblot, and Robert Jolick are 11. They receive about $ 3 million a year in cash and shares.
The sad news is that despite the overwhelming rejection of Elon Moss's $ 43 billion offer by a twitter management team, no firm decision has been made.
 The main reason for this divergent opinion within the twitter board is the lack of unity among twitter investors. Some investors are willing to look for profit, and some are willing to look at beauty by giving twitter to Elon Musk.Elon Musk, a member of the twitter management team, has decided to use a 'poison pill' to prevent the takeover of Twitter. This Poison Bill is also known as the Shareholder Rights Plan. Through this poison pill scheme those who have already invested in the company can invest more money and capture more shares to increase their dominance in the management and prevent the sale of the company. As soon as Elon Musk announced his stake in the poison pill program, Vanguard, a leading investor in twitter, gained additional investment and became the dominant player in the board of directors with more than Musk-hands.
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Sowmiya Sriram

20/04/2022 11:04 AM