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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 bingohbangoh on Friday April 15, 2022 @07:33PM (#31047254)
Isn't it legal until somebody successfully sues for it to be nulled?

The US legal system is kind of based around this adversarial situation imo.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by the_svd_doctor on Friday April 15, 2022 @07:36PM (#31047280)
Given that it's not a new mechanism and the amount of money involved, I assume if it wasn't legal this would have been sued into oblivion already.
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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by bingohbangoh on Saturday April 16, 2022 @01:28PM (#31054201)
It's been less than a day, do these lawsuits happen and resolve within 24hr?
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