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A comment on Ask HN: What happened to Twitter poison pill?. Parent comment

Re:Ask HN: What happened to Twitter poison pill? by egeozcan on Monday April 25, 2022 @05:39PM (#31161023)
As I understand, this happens before anyone acquires 51 percent.
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Re:Ask HN: What happened to Twitter poison pill? by majkinetor on Monday April 25, 2022 @06:00PM (#31161286)
Is it possible to acquire up to 51% in atomic move, so there is no fade in that would make poisoning option too late ?
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Re:Ask HN: What happened to Twitter poison pill? by rcoc on Monday April 25, 2022 @06:26PM (#31161580)
It would require a number of transactions as there is no single other shareholder that owns 51% in this case. So you can do a large number of transactions in a short window, which would cause the price to skyrocket. Additionally, there are disclosure requirements in place once a single shareholder reaches 5%+ ownership. Once the word gets out, everyone else starts buying.
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Re:Ask HN: What happened to Twitter poison pill? by mrkstu on Monday April 25, 2022 @06:24PM (#31161548)
This is the kind of thing the 15% disclosure rule is designed to prevent.
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Re:Ask HN: What happened to Twitter poison pill? by tptacek on Monday April 25, 2022 @06:24PM (#31161555)
No.
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Re:Ask HN: What happened to Twitter poison pill? by treeman79 on Monday April 25, 2022 @07:59PM (#31162421)
The current board of twitter barely owns any shares.

https://www.barrons.com/amp/articles/how-twitter-board-stock...

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