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Coverage dated April 14, 2022 to April 17, 2022

Twitter adopts 'poison pill' defense in Musk takeover bid

Headline from WDIO Duluth, from the development of Apr 15, 2022

Newest development Apr 18, 2022 · 3 reportsDo poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay

Twitter's board of directors has adopted a "poison pill" defense in response to Elon Musk's proposal to buy the company. The plan would allow existing shareholders to buy more shares at a discount if Musk's share grows to 15% or more.

WDIO Duluth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Developments in this update

3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    Twitter adopts 'poison pill' defense in Musk takeover bid

    Headline from WDIO Duluth ·

  2. Twitter’s Poison Pill, Elon Musk’s ‘Plan B’: 6 Possible Scenarios Of What Happens Next

    Headline from Forbes ·

  3. Newest

    Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay

    Headline from The Conversation US ·

Read the reports

Reports & sources

83 articles, oldest first.

  1. CBS 8 San Diego

    Twitter announces 'poison pill' plan to block Elon Musk takeover (opens CBS 8 San Diego)

    Published

    CBS 8 San Diego's feed description

    Here's when Twitter's plan would kick in -- and what Elon Musk could still do.

  2. WDIO Duluth

    Twitter adopts 'poison pill' defense in Musk takeover bid (opens WDIO Duluth)

    Published

    WDIO Duluth's feed description

    Twitter's board of directors has adopted a "poison pill" defense in response to Elon Musk's proposal to buy the company. The plan would allow existing shareholders to buy more shares at a discount if Musk's share grows to 15% or more.

  3. Wyoming Public Media

    Twitter adopts 'poison pill' to block Elon Musk takeover bid (opens Wyoming Public Media)

    Published

    Wyoming Public Media's feed description

    The defensive move from Twitter is an attempt to fend off Musk's hostile takeover attempt of the social network.

  4. Breitbart News

    Poison Pill: Twitter Board Enacts Plan to Block Takeover by Elon Musk (opens Breitbart News)

    Published

    Breitbart News's feed description

    Twitter's board of directors is deploying defensive measures to prevent Elon Musk, the world's richest man and a declared free speech absolutist, from taking over the company.

  5. NBC News

    Twitter board adopts poison-pill defense to block Elon Musk takeover (opens NBC News)

    Published

    NBC News's feed description

    The strategy is designed to dilute the ownership of a hostile party such as Musk, who this week made a $40 billion bid to acquire the social media company.

  6. Newsweek

    Twitter blocks Elon Musk's buyout effort by diluting his ownership stake (opens Newsweek)

    Published

    Newsweek's feed description

    Twitter announced the plan to adopt a policy commonly referred to as a "poison pill" policy that protects companies from hostile takeover attempts.

  7. CBS News

    Twitter adopts poison pill plan to block Elon Musk's bid (opens CBS News)

    Published

    CBS News's feed description

    The social media company said the plan doesn't prohibit an acquisition if it is in the "best interests of Twitter and its shareholders."

  8. Valdosta Daily Times

    EXPLAINER: What Twitter's 'poison pill' is supposed to do (opens Valdosta Daily Times)

    Published

    Valdosta Daily Times's feed description

    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.

  9. The Guardian

    Twitter adopts ‘poison pill’ plan to shield itself from Elon Musk takeover (opens The Guardian)

    Published

    The Guardian's feed description

    The social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid

  10. France 24

    Twitter adopts 'poison pill' defense against Musk buyout bid (opens France 24)

    Published

    France 24's feed description

    Twitter moved Friday to defend itself against Elon Musk's $43 billion hostile takeover bid, announcing a plan that would allow shareholders to purchase additional stock.

  11. Insider

    Twitter just evoked a 'poison pill' defense to ward off a takeover bid from Elon Musk. Here's how it works. (opens Insider)

    Published

    Insider's feed description

    Twitter says it will adopt a "poison pill" to make it easier to unite current shareholders to prevent a takeover bid by Musk, the world's richest man.

  12. Washington Examiner

    What a 'poison pill' is and how Twitter’s board is using it against Elon Musk (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    Twitter’s board unanimously voted to adopt a “poison pill” on Friday in an effort to prevent billionaire Elon Musk from taking over the company.

  13. Insider

    It's official — Twitter is fighting back against Elon Musk's buyout offer with a 'poison pill' defense (opens Insider)

    Published

    Insider's feed description

    Billionaire Elon Musk offered to buy Twitter this week for $43 billion. On Friday, Twitter opted for something different, a so-called "poison pill."

  14. WMUR

    Twitter adopts 'poison pill' defense in Elon Musk takeover bid (opens WMUR)

    Published

    WMUR's feed description

    Twitter said in a statement Friday that its board of directors has unanimously adopted a "poison pill" defense in response to Tesla CEO Elon Musk's proposal to buy the company.

  15. NBC 5 Dallas-Fort Worth

    Twitter Board Adopts Poison Pill After Musk's $43 Billion Offer to Buy Company (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    The board voted unanimously to adopt the plan.

  16. RedState

    Twitter Board Adopts 'Poison Pill' to Stop Elon Musk's Hostile Takeover (opens RedState)

    Published

    RedState's feed description

    They just nuked their own shareholders. We'll see how that works out for them.

  17. FOX Business

    Twitter adopts 'poison pill' to prevent Elon Musk takeover (opens FOX Business)

    Published

    FOX Business's feed description

    Twitter's board of directors has unanimously adopted a limited duration shareholder rights plan following Tesla CEO Elon Musk's $54.20 per share offer to take the social media giant private.

  18. France 24

    Twitter board adopts ‘poison pill’ to fight Elon Musk buyout bid (opens France 24)

    Published

    France 24's feed description

    Twitter moved Friday to defend itself against Elon Musk's $43 billion hostile takeover bid, announcing a plan that would allow shareholders to purchase additional stock.

  19. NewsBusters

    NEW: Twitter Implements ‘Poison Pill’ To Thwart Musk’s Offer (opens NewsBusters)

    Published

    NewsBusters's feed description

    Twitter chose to implement a “poison pill” method in response to Elon Musk’s offer to buy the platform and make it private for $43 billion.

  20. Los Angeles Times

    Twitter adopts ‘poison pill’ to ward off Elon Musk takeover (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Twitter's board, responding to Elon Musk’s offer to take the company private, adopts a measure that would shield it from hostile acquisition bids.

  21. Washington Post

    Twitter adopts ‘poison pill’ intended to thwart Elon Musk’s takeover bid (opens Washington Post)

    Published

    Washington Post's feed description

    The so-called “poison pill” plan signals that Twitter does not look favorably at Elon Musk's bid to takeover the social media giant.

  22. Investor's Business Daily

    Will 'Poison Pill' Thwart Elon Musk's Plan To Control Twitter? (opens Investor's Business Daily)

    Published

    Investor's Business Daily's feed description

    Twitter unanimously adopted a plan known as a poison pill to thwart Elon Musk's $43 billion bid to acquire all shares of Twitter stock.

  23. PBS NewsHour

    Twitter board of directors adopt 'poison pill' defense against Musk takeover bid (opens PBS NewsHour)

    Published

    PBS NewsHour's feed description

    The move would allow existing Twitter shareholders — except for Musk — to buy additional shares at a discount, thereby diluting Musk's stake in the company.

  24. The American Conservative

    Twitter Slips the Poison Pill (opens The American Conservative)

    Published

    The American Conservative's feed description

    Elon Musk should run the platform into the ground.

  25. Forbes

    Twitter’s Poison Pill, Elon Musk’s ‘Plan B’: 6 Possible Scenarios Of What Happens Next (opens Forbes)

    Published

    Forbes's feed description

    Twitter's board has indicated it doesn't want to sell the company to Elon Musk. Now, even more than in most corporate dramas, anything truly seems possible.

Showing the first 25 of 35 headlines. ·

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Twitter adopts 'poison pill' defense in Musk takeover bid | Since Then