OPINION: What will it mean for Elon Musk to own Twitter?
By Soorin Kim | Apr. 26, 2022Tesla founder and CEO Elon Musk has recently expressed an interest in buying all available shares of Twitter in a massive takeover bid that has the media buzzing with the back and forth of this negotiation. Twitter has shown its antagonism to this offer, filing a “poison pill plan” with the Securities and Exchange Commission (SEC) last week. This tactic, a common maneuver in shareholder negotiations, would make it almost impossible for Musk to expand his control of the company to over 15 percent.
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