Musk offers $43 Billion to purchase Twitter

… says he can “transform” the operation as a private company.

https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twit…

intercst

https://www.msn.com/en-us/money/companies/twitter-said-to-be…
Twitter is said to be weighing a poison pill to prevent Elon Musk from increasing his stake in the company significantly, the Wall Street Journal reported, citing a person familiar with the situation. The defensive strategy, also called a shareholders rights plan, make hostile takeovers more expensive and complicated for a buyer.

They allow existing shareholders the right to purchase additional shares of the company at a discount, effectively diluting the ownership interest of a new, hostile party.