Twitter adopts ‘poison pill’ plan to shield itself from Elon Musk takeover

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Twitter adopts ‘poison pill’ plan to shield itself from Elon Musk takeover
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The social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid

on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk’s $43bn cash takeover offer.

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