Twitter Considers ‘Poision Pilling’ Stocks

Twitter is literally contemplating weakening its own company shares to prevent a Musk takeover. This self-harm tactic would hypothetically harm shareholders.

NEW: @Twitter board considering "poison pill" strategy–which could weaken company and harm shareholders–to thwart @ElonMusk takeover bid.
— Tom Fitton (@TomFitton) April 15, 2022

If the $TWTR Board attempts to put in a poison pill, they will lose the shareholder base.

The Board can only win on the merits. If they can’t, they should resign. pic.twitter.com/G13YPPYkfe
— Compound248 (@compound248) April 14, 2022