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. 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."
Although they are supposed to help prevent an unsolicited takeover, poison pills also often open the door to further negotiations that can force a bidder to sweeten the deal. If a higher price makes sense to the board, a poison pill can simply be cast aside along with the acrimony it provoked, clearing the way for a sale to completed.
Adopting a poison pill also frequently results in lawsuits alleging that a corporate board and management team is using the tactic to keep their jobs against the best interests of shareholders. These complaints are sometimes filed by shareholders who think a takeover offer is fair and want to cash out at that price or by the bidder vying to make the purchase.
“If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty," Musk tweeted. “The liability they would thereby assume would be titanic in scale."
I think you are 100% correct queue. He intends to expose everything and then run like hell without loosing a penny while simultaneously becoming a national hero. I'd like to think that I'd do cool stuff like that if I was rich like he is.
Of the Big Tech firms, I think the bird is the logical place to start controlled demo. The others have Employee headcounts that 100K and up (I think FB is around 70K). Twit is small in comparison.
Depends on how it's regulated. Free speech isn't actually free and you don't have the freedom to defame. So within certain confines, regulation is inevitable.
But it must be limited and people need to agree to it. There should be both a private and public forum but also people should learn to naturally respect people's rights to have ideas.
So Trump pointed out the possible illegal purchases of stock by Musk. Is going to bring an investigation of Twitter. You know Musk never did anything illegal with those stocks. The Movie Contiues.
If Twitter was a public utility, which, you know, is very plausible, then free speech would be required. I kind of wonder if we need a public social utility for this reason. But then it makes me think about China and social credit scores and all that junk.
He made them swallow a poison pill.
https://abcnews.go.com/Technology/wireStory/explainer-twitters-poison-pill-supposed-84110702
It works if the government helps out. It backfires if they don't.
I think you are 100% correct queue. He intends to expose everything and then run like hell without loosing a penny while simultaneously becoming a national hero. I'd like to think that I'd do cool stuff like that if I was rich like he is.
LOL
..or hookers and blow...
Seems like the whole point of this bluff was to get people fired and tank the stock.
And expose the illegal activities!
This is a great article on what could happen if it turns out that bots make up a large percentage of Twitter’s user base.
https://www.breitbart.com/economy/2022/05/13/carney-elon-musk/amp/
TLDR; if this turns out to be the case, Twitter will get sued into oblivion. Pretty interesting..
I'd like to sue!
Of the Big Tech firms, I think the bird is the logical place to start controlled demo. The others have Employee headcounts that 100K and up (I think FB is around 70K). Twit is small in comparison.
If Elon buys - we win. If Twitter dies - we win.
Shall we play a game ?
Ultra-MAGA
This one feels Spot On. Nice dig, IMO.
I like this part of the movie.
Never got what Q meant by regulated.
Like ,100% will be regulated (not free) speech, which will be the cause of their own demise.
Depends on how it's regulated. Free speech isn't actually free and you don't have the freedom to defame. So within certain confines, regulation is inevitable.
But it must be limited and people need to agree to it. There should be both a private and public forum but also people should learn to naturally respect people's rights to have ideas.
Can't wait for THAT!!
So Trump pointed out the possible illegal purchases of stock by Musk. Is going to bring an investigation of Twitter. You know Musk never did anything illegal with those stocks. The Movie Contiues.
If Twitter was a public utility, which, you know, is very plausible, then free speech would be required. I kind of wonder if we need a public social utility for this reason. But then it makes me think about China and social credit scores and all that junk.