Articles for Poison Pills

EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do
2 years, 8 months ago

EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do

Associated Press  

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. The strategy was popularized back in the 1980s when publicly held companies were being stalked by corporate raiders such as Carl Icahn — now more frequently described as “activist investors.” After announcing …

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EXPLAINED: Twitter Adopts ‘Poison Pill’ To Evade Probable Hostile Takeover By Elon Musk
2 years, 8 months ago

EXPLAINED: Twitter Adopts ‘Poison Pill’ To Evade Probable Hostile Takeover By Elon Musk

ABP News  

New Delhi: In a bid to counter Elon Musk’s hostile takeover of Twitter, the microblogging website’s board unanimously adopted ‘poison pill’ or the shareholder rights plan on Friday, reported news agency AFP. Shareholder rights plan, colloquially known as ‘poison pill’ is a defence tactic adopted by companies who become targets of hostile takeovers where existing shareholders of the target — …

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Explained: What Twitter’s ‘poison pill’ against Elon Musk means
2 years, 8 months ago

Explained: What Twitter’s ‘poison pill’ against Elon Musk means

Firstpost  

The ingredients of each poison pill vary, but they’re all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive 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 …

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Twitter has a 'poison pill' to defeat Elon Musk takeover. What is it?
2 years, 8 months ago

Twitter has a 'poison pill' to defeat Elon Musk takeover. What is it?

Hindustan Times  

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. Elon Musk, a prolific tweeter with 82 million followers on Twitter, had no immediate reaction to the company's poison pill. True to form, Twitter left its door open by emphasizing that its …

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EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do
2 years, 8 months ago

EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do

Associated Press  

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. The strategy was popularized back in the 1980s when publicly held companies were being stalked by corporate raiders such as Carl Icahn — now more frequently described as “activist investors.” Twitter didn’t …

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EXPLAINER: What Twitter's 'poison pill' is supposed to do
2 years, 8 months ago

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

The Independent  

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Elon Musk-Twitter Saga: Twitter Not Interested, Can Use 'Poison Pills', Board Meeting Today
2 years, 8 months ago

Elon Musk-Twitter Saga: Twitter Not Interested, Can Use 'Poison Pills', Board Meeting Today

News 18  

Elon Musk, the richest man in the world, now wants to buy the most popular social media platform on earth — Twitter. The offer “represents a 54 per cent premium over the closing price of the Common Stock on January 28, 2022, the trading day before the Reporting Person began investing in the Issuer, and a 38 per cent premium …

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Three dead after being given poison in guise of Covid cure pills; 2 arrested
3 years, 6 months ago

Three dead after being given poison in guise of Covid cure pills; 2 arrested

India Today  

In a shocking incident, three members of a family died in Tamil Nadu’s Erode after they were given poison in the guise of Covid-19 cure pills. Kalyanasundaram sought the help of Sabari, who donned the role of a Health Department worker to pass on the poison pills to the family of four. He enquired whether Karuppanakounder and his family had …

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White House responds after Taylor Swift calls out Trump administration in VMAs speech
5 years, 4 months ago

White House responds after Taylor Swift calls out Trump administration in VMAs speech

The Independent  

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