Hence why that poison pill was a terrible mistake. They thought the poison pill would just force Musk to sweeten the offer, but really they just doomed themselves. Now he'll walk away and leave them screwed.
and poison pills are illegal if they are designed to limit shareholder's profits for no good reason, their reason being musk isn't woke enough. They knew they'd lose in court so backed down on that.
Hence why that poison pill was a terrible mistake. They thought the poison pill would just force Musk to sweeten the offer, but really they just doomed themselves. Now he'll walk away and leave them screwed.
and poison pills are illegal if they are designed to limit shareholder's profits for no good reason, their reason being musk isn't woke enough. They knew they'd lose in court so backed down on that.