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Twitter adopts poison pill in bid to thwart Elon Musk takeover

Summary by Ground News
Twitter's plan would take effect if Musk's roughly 9% stake grows to 15% or more. Even then, Musk could still take over the company with a proxy fight by voting out the current directors. Twitter said the plan doesn't prevent the board from engaging with parties or accepting an acquisition proposal.
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Bias Distribution

  • 48% of the sources are Center
48% Center
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