Business

What Twitter’s ‘poison pill’ is supposed to do

NEW YORK: Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” – a financial device that companies have been wielding against unwelcome suitors for decades.

What are poison pills supposed to do?

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News
iCents secures RM34.5mil data centre subcontract
Carimin proposes RM165mil privatisation of Sealink at 41 sen a share
Malaysia’s digital landscape continues to advance amid global uncertainties
MK Land achieves financial close for 29.99MW solar project in Kedah
Metronic to dispose of Shah Alam industrial property for RM9.42mil
Betamek unit wraps up CPD technology project with UTP
Orkim banking on stable charter contracts and fleet utilisation
Rhone Ma posts higher 1Q profit on stronger revenue
Teo Seng optimistic on outlook amid rising egg demand
Paydibs strengthens paynet ecosystem participation with direct DuitNow QR access

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.