Poison pill
A poison pill is a defense tactic utilized by a target company to prevent or discourage hostile takeover attempts. Elon Musk offers to buy Twitter for 43 billion The Twitter and Elon Musk saga is far from over Musk has made an offer to buy Twitter a filing. Poison Pill Box Vintage Sterling Silver Filigree Ring With Etsy Vintage Sterling Silver Vintage Jewelry Rings The law firm Wachtell Lipton Rosen and Kantz first devised the poison pill restriction to defend General American Oil to defend itself against a possible hostile takeover from T. . Twitters plan would take effect if Musks roughly 9 stake grows to 15 or more. One of the 1980s most prominent MA lawyers came up with the go-to defense against. 1 day agoThe poison pill provision announced in a press release Friday preserves the right for Twitter shareholders other than Musk to acquire more shares of the company at. 21 hours agoA poison pill defense strategy allows exi...