Twitter, which is the subject of a hostile takeover bid by Elon Musk, does not intend to let it go: the network took measures on Friday supposed to prevent the boss of Tesla - and most man wealthy in the world -- to easily redeem his shares.
This is the so-called "poison pill" clause in financial jargon: the Californian group plans to sell off its shares for all other shareholders.
It will be triggered if Elon Musk exceeds 15% of Twitter shares without the agreement of the board of directors (CA). Elon Musk already owns just over 9% of the company's capital.
If he buys back enough shares to reach the 15%, all the other holders of shares on the platform will be able to buy them back at a reduced price, which would greatly increase the price that the entrepreneur would have to pay to get his hands on the social network.
The plan must "reduce the possibility that any entity, person or group will take control of Twitter by accumulating stock in the market without paying all shareholders an appropriate premium or giving the board sufficient time to make informed decisions," the San Francisco-based company said in a statement.
Twitter therefore intends to fight against this attempt by Elon Musk to buy it back to make it an unlisted company.
"It was a defensive tactic that was predictable," said Wedbush analyst Dan Ives. But it will not be perceived "positively" by shareholders, he predicts, given the risk of "dilution".
And the plan will "certainly be challenged in court" because the board has an obligation to act in the interests of the company and increase its value for shareholders.
https://public.flourish.studio/story/1398228/
https://ikaria-lean-belly-juice-2022.jimdosite.com/
https://buyleanbellyjuice.blogspot.com/2022/04/ikaria-lean-belly-juice-2022-lean-belly.html
https://groups.google.com/g/lean-belly-juice-canada/c/3XQ65vKU5v4
https://the-dots.com/projects/ikaria-lean-belly-juice-2022-does-it-really-work-729564
https://lexcliq.com/ikaria-lean-belly-juice-2022-best-thing-about-worst-about/
https://wakelet.com/wake/4cJIetK8wp00nFxqf1UoA
https://public.flourish.studio/story/1398827/
https://ikaria-lean-belly-juice-sale.jimdosite.com/
https://buyleanbellyjuice.blogspot.com/2022/04/ikaria-lean-belly-juice-sale-real-side.html
https://bumppy.com/tm/read-blog/48362_ikaria-lean-belly-juice-sale-canada-shocking-price-2022.html
https://groups.google.com/g/lean-belly-juice-canada/c/7pMYEI4kyEY
https://the-dots.com/projects/ikaria-lean-belly-juice-sale-100-natural-safe-and-effective-729662
https://techplanet.today/post/ikaria-lean-belly-juice-sale-is-it-effective-know-this-first-2022
https://lexcliq.com/ikaria-lean-belly-juice-sale-canada-reviews-benefits-price-ingredients/
https://wakelet.com/wake/enckarXJCeSEJ8PwGsLZ1
https://public.flourish.studio/story/1399383/
https://ikaria-lean-belly-juice-price-1.jimdosite.com/
https://buyleanbellyjuice.blogspot.com/2022/04/ikaria-lean-belly-juice-price-be.html
https://bumppy.com/tm/read-blog/48401_ikaria-lean-belly-juice-price-canada-honest-warning-2022.html
https://groups.google.com/g/lean-belly-juice-canada/c/UZb3jITGRtw
https://techplanet.today/post/ikaria-lean-belly-juice-price-canada-review-reviews-alert
https://lexcliq.com/ikaria-lean-belly-juice-price-benefits-use-ingredients-review/
https://wakelet.com/wake/mRnb55MsTsf9P7_QtPMx-
https://public.flourish.studio/story/1399903/
https://buyleanbellyjuice.blogspot.com/2022/04/ikaria-lean-belly-juice-reviews.html
https://bumppy.com/tm/read-blog/48421_ikaria-lean-belly-juice-reviews.html
https://groups.google.com/g/lean-belly-juice-canada/c/UZb3jITGRtw
https://sites.google.com/view/buyleanbellyjuice/ikaria-lean-belly-juice-reviews
https://the-dots.com/projects/ikaria-lean-belly-juice-reviews-729733
https://techplanet.today/post/ikaria-lean-belly-juice-reviews-canada-review
https://lexcliq.com/ikaria-lean-belly-juice-reviews-canada/
https://www.scoop.it/topic/lean-belly-juice/p/4132002255/2022/04/30/ikaria-lean-belly-juice-reviews
https://todaynewsreviews.blogspot.com/2022/04/alexanda-kotey-executioner-of-islamic.html
Comments
Post a Comment