Entertainment

Twitter moves to block Elon Musk’s takeover



Twitter moved Friday to defend itself towards Elon Musk’s $43 billion hostile takeover bid, asserting a plan that may permit shareholders to buy extra inventory.

“The Rights Plan will cut back the probability that any entity, individual or group positive aspects management of Twitter by way of open market accumulation with out paying all shareholders an acceptable management premium,” Twitter mentioned in a press release.

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