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Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20240604 17:04:00

Buy-out offer from elon musk. twitter tried to block the takeover attempt, musk says nothing to do with making money but instead preserving free speech around the world. charles payne is standing by, but kelly o grady live in los angeles. the big news is the poison pill is now in play. so, twitter announced the board has unanimously voted to adopt a shareholders rights plan. it s in direct response to the hostile takeover bid. ok, in a press release, twitter stated the rights will be exerciseable if a person, entity or group acquires ownership of 15% or more in the transaction not approved by the board. poison pill activated but not implemented. like the cyanide pill put in the hands of the spy but they have not taken it yet. that s because elon has not crossed the 15% threshold, he s about 9% now.

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