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Twitter's board has officially launched its poison pill plan to fend off Elon Musk's $43 billion takeover. This means that shares may be offered at discounts to dilute the stake of hostile parties.
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It seems that Twitter's board is preparing to reject Elon Musk's offer to acquire the company for $43 billion. Two plans under consideration are poison pill and telling him that the offer is too low.
Xerox today announced that it's not done trying to absorb HP's business, and it has nominated a slate of directors to replace the entire board of directors at HP during the next shareholder meeting.
