Re:Twitter takeover battle: Elon Musk and Jack Dorsey turn u...
by tablespoon on Monday April 18, 2022 @03:51PM
(#31075583)
> Can Elon and three of his "friends" own each 14.9999% of Twitter without triggering the poison pill, so getting to 59.999%?
I'm guessing not: 1) if it were that easy to circumvent, it would be a pointless tactic that wouldn't be bothered with; and 2) I haven't read the actual language, but IIRC some articles that have described it as also including "family members and individuals acting in concert."
A good rule of thumb is: if it took you a short amount of time to think of a "cleaver trick" to defeat something "important," your trick most likely doesn't work. That's either because it fails for reasons you haven't through of or someone already thought of it and countered it.
I'm guessing not: 1) if it were that easy to circumvent, it would be a pointless tactic that wouldn't be bothered with; and 2) I haven't read the actual language, but IIRC some articles that have described it as also including "family members and individuals acting in concert."
A good rule of thumb is: if it took you a short amount of time to think of a "cleaver trick" to defeat something "important," your trick most likely doesn't work. That's either because it fails for reasons you haven't through of or someone already thought of it and countered it.