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1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Friday, 15-Apr-2022 12:20:57 EDT lnxw48a1
   I don't think rejecting the offer would hurt Twitter at all, IF several largish stockholders stated that their long term best interest is served best by Twitter remaining independent.
   
   Right now, fiduciary duty is their key requirement (same thing that may have kept Elon Musk off their board earlier).
   1. GeniusMusing (geniusmusing@nu.federati.net)'s status on Friday, 15-Apr-2022 13:22:19 EDT GeniusMusing

      in reply to
      Twitter Adopts Poison Pill in Bid To Thwart Elon Musk Takeover Slashdot
      https://nu.federati.net/url/285878
      
      >Twitter's board on Friday enacted a defensive measure meant to deter Elon Musk's $43 billion hostile takeover bid. From a report:
      >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. Musk disclosed a 9.2% stake in Twitter earlier this month. He then announced he was joining the company's board of directors and began proposing several changes to the platform, including turning the company's headquarters into a homeless shelter. [...] He later backed out of joining the board and offered to purchase the company for $54.20 a share, though he did specify how he planned to pay for it. Twitter said in a statement that "its Board of Directors has unanimously adopted a limited duration shareholder rights plan. ... The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter."
   2. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Friday, 15-Apr-2022 14:01:23 EDT lnxw48a1

      in reply to
      I also suspect that it might be tougher to finance a purchase than he thinks. He'll have to put up his Tesla and SpaceX shares as collateral, but his public plans for Twitter are likely to cut into their profit and cash flow.
      
      Imagine possibly having to seize a big chunk of his SpaceX and Tesla stock and still hoping he'll produce positive results for those companies. That's a recipe for devastating losses.