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Rights Plan
Rights Plan News
Elon Musk
15 Apr 2022
Twitter adopts 'poison pill' to fight Elon Musk takeover
If Musk tries to take over the company, the Rights Plan will allow some owners to buy more shares. This Rights Plan will be in effect for one year, ending on April 14, 2023. Musk has made a bid to buy Twitter for $54.20 per share in cash, valuing the firm at roughly $43 billion.
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