Technology

Shareholders await Musk's next move in Twitter takeover bid

Shareholders await Musk's next move in Twitter takeover bid

Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO’s next move. The social media company has adopted a “poison pill” defense that makes it difficult for Musk or any other investor to buy Twitter without the board of directors’ approval.

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