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Business 20 Apr 2022 | 7:00 AM

Eye on Musk’s next move in Twitter takeover bid

DETROIT: 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 chief executive officer’s (CEO) next move.

Business 20 Apr 2022 | 7:00 AM

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.