Chapter
Poison pill provisions in Twitter's bylaws
13:45 - 16:33 (02:48)
There are poison pill provisions in Twitter's bylaws that protect the platform from external factors and allow for the protection of public goods, according to Steven Davidoff Solomon, a law professor. These provisions could prevent certain scenarios such as hostile takeovers and allow for the protection of common resources.
Clips
The Twitter board is working with advisors to review Elon Musk's unsolicited bid for the company, which he made via tweet earlier this week.
13:45 - 15:00 (01:15)
Summary
The Twitter board is working with advisors to review Elon Musk's unsolicited bid for the company, which he made via tweet earlier this week. The board cannot reject Musk as a suitor but can potentially come up with reasons to reject the bid on other grounds.
ChapterPoison pill provisions in Twitter's bylaws
Episode#461 - Julien Smith - Learning From Elon Musk's Twitter Takeover
PodcastModern Wisdom
Poison pill provisions in Twitter's bylaws effectively limit the ability to buy up Twitter shares in the open market for both Elon Musk and every shareholder.
15:00 - 16:33 (01:33)
Summary
Poison pill provisions in Twitter's bylaws effectively limit the ability to buy up Twitter shares in the open market for both Elon Musk and every shareholder. The concept of a poison pill is that once consumed, it will kill you.