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The End of Mask Mandates

As major airlines and some public transit operators drop requirements to wear face coverings, further conflicts may be on the horizon. ....

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FOXNEWS FOX and Friends Saturday June 4, 2024 10:24:00

Ibly1 twitter is resisting elon musk about adopting a poison pill defense limiting the billionaire from buying 50% of twitter shares but the world s richest man isn t going down without a fight, bringing in partners in his own bid to own the platform. here to react is fox news correspondent griff jenkins. a previous life, previous outburst. what is the poison pill and will it prevent elon musk? rachel: it will be much harder for elon musk to buy twitter. what a poison pill does is it is a corporate tool, temporary tactic for the twitter board to take on that expires next year that only kicks in if someone like elon musk buys 50% of the company and once somebody does ....

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What Is a 'Poison Pill' Defense? - The New York Times

Twitter has unveiled its plan to fight Elon Musk’s bid for the company. It’s a well-worn tactic to fend off corporate raiders and hostile takeovers. ....

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MSNBC Hallie Jackson Reports June 4, 2024 19:30:00

Incredible turning point for the company, whatever happens. you talk about the idea of this poison pill defense, what it means. does it typically make a hostile takeover less attractive? in other words, what is the precedent here? while noting and remembering elon musk is not somebody who likes to track whatever the precedent is? reporter: absolutely. elon musk is a guy who goes for his gut here. but what s happening here, a poison pill is commonly used in a hostile takeover situation. we don t see it a lot. in the tech industry, have you companies such as meta, which owns facebook and snap, which owns snapchat, that have founder control companies. say if i want to change something about facebook, i could buy 10% of meta stock and convince them to do it. it s all up to mark zuckerberg, the ceo. twitter is not structured like that. anyone can buy twitter. ....

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MSNBC Hallie Jackson Reports June 4, 2024 19:28:00

A shareholders rights plan. it lets them buy more at a discount. it also makes the company less attractive to somebody trying to buy it out, somebody like elon musk. that s hours after he, of course, ceo of tesla offered to buy the social media empire. in a letter saying he would reconsider owning any twitter stock if they didn t accept his offer. joining us is sarah fryer who has been all over what is fair to call a saga or a drama so far as relates to what happened with twitter and the past week. talk to us with sarah, how much of a crisis is this inside twitter? this is absolute whiplash for the company the company thought at first they had a friendly relationship with elon musk, who is a long-time contact of their former ceo jack dorsey and they said he was going to join their board around he decided not to join the board. so they look really caught off guard. ....

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