Ask HN: What happened to Twitter poison pill?

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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