Report
https://www.axios.com/twitter-elon-musk-poison-pill-7a62f6d6-b77a-4481-a2e3-5a7081557a84.html
It seems that Twitter's board doesn't want to play along with Elon.
"The "poison pill," as it's called in corporate terms, gives Twitter's existing shareholders time to purchase additional shares at a discount, thus diluting Musk's ownership stake."
It seems that Twitter's board doesn't want to play along with Elon.