Twitter introduced a poison pill takeover defense to make it harder for Elon Musk to increase ownership above 15%. The move comes a day after the tech entrepreneur made an unsolicited $43 billion takeover bid for the social media company.
https://www.wsj.com/articles/twitter-moves-to-block-elon-musk-from-increasing-stake-11650040204?mod=pls_whats_news_us_business_f Twitter wants to stop Musk from raising the stakes