Technology

Twitter’s ‘poison pill’ tactic makes ‘coercive’ takeover difficult

Twitter’s ‘poison pill’ tactic makes ‘coercive’ takeover difficult

Twitter’s adoption of a so-called poison pill tactic makes it harder for a hostile takeover, the company said on April 18. Twitter’s board on Friday announced that a person or entity buying at least 15 percent of Twitter’s outstanding stock without approval would trigger the poison pill, which enables other stockholders to buy shares at a lower price.

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