Title : "Poison pills have been around for decades... Netflix adopted a poison pill in 2012 to stop [Carl] Icahn from buying up its shares. Papa John’s used one against..."
link : "Poison pills have been around for decades... Netflix adopted a poison pill in 2012 to stop [Carl] Icahn from buying up its shares. Papa John’s used one against..."
"Poison pills have been around for decades... Netflix adopted a poison pill in 2012 to stop [Carl] Icahn from buying up its shares. Papa John’s used one against..."
"... the pizza chain’s founder and chairman, John Schnatter, in 2018. Investors rarely try to get around a poison pill by buying shares beyond the threshold set by the company, according to securities experts. One said it would be 'financially ruinous,' even for Mr. Musk. But Mr. Musk, who is worth more than $250 billion... rarely abides by precedent.... Twitter is the 'de facto town square,' Mr. Musk said, adding that 'it’s really important that people have the reality and the perception that they are able to speak freely within the bounds of the law.... My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization'...."
The poison pill is that "if Mr. Musk bought more than 15 percent of the company, Twitter would flood the market with new stock that all shareholders except Mr. Musk could buy at a discounted price."Thus articles "Poison pills have been around for decades... Netflix adopted a poison pill in 2012 to stop [Carl] Icahn from buying up its shares. Papa John’s used one against..."
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