Tag: elon musk twitter purchase

Elon Musk Owns Twitter, Stock in Blue-Check Tears Skyrockets

The deal is done; Elon Musk now officially owns Twitter. To reaffirm his intentions with the social media platform, he tweeted this yesterday, the first day of his reign: In a message to advertisers, Musk gave some details on his vision for Twitter’s speech codes and ad experience, which include �...

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Twitter Plays the “Poison Pill” to Prevent Elon Musk From Buying the Company

Elon Musk’s “hostile takeover” of Twitter hit a roadblock today as the board introduced a “poison pill” to stifle the purchase.  Twitter released a statement adopting a “Limited Duration Shareholder Rights Plan” to prevent Elon Musk from owning more than 15...

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