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A comment on Twitter board adopts poison pill after Musk’s $43B bid to buy company. Parent comment

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by nradov on Friday April 15, 2022 @04:37PM (#31045524)
What exactly would be the risk for the board?
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by philistine on Friday April 15, 2022 @08:52PM (#31047898)
What if Tesla stock tanks (it could happen) forcing Elon to sell stock to repay his debt incurred to buy Twitter. He could decide to dump Twitter instead in a fire sale, massively undercutting its value and hurting it in the way Yahoo and AOL were hurt by the constant swaps.
[ Parent | on HN ]