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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 hedora on Friday April 15, 2022 @06:49PM (#31046896)
I was literally wondering what would happen. ETFs are supposed to be algorithmically traded right?

There's a race condition between the poison pill being instated and the ETF updating their strategy. I wonder if a board could maliciously take advantage of that somehow.

[ Parent | on HN ]
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by heartbreak on Friday April 15, 2022 @09:37PM (#31048285)
ETFs generally aren’t managed without human involvement, and this poison pill isn’t software either. You’re taking concepts that exist in worlds like Ethereum and applying it to normal finance. That’s not how it works.
[ Parent | on HN ]