If you gaze at the end of this 'poison pill' business.....I noted Daily Wire giving the best three endpoints:
1. Musk still wins by completing the proxy contest to remove the directors and overcomes the poison pill.
2. Somewhere in this 'fog'....Musk finds a couple of helpers in getting shares and forcing the board to a end-point.
3. Musk simply walks to the exit....recovers his investment money (maybe some profit), but leaves the company facing tons of lawsuits (we shareholders would be angry over the value of our stock).
Under option 3....there's this long-term problem....Twitter needs to come up with cash to fight the stock-holders in court, and profit-margins would disappear. In simple terms.....they would not be able to sustain the cost of operating the company. I'd almost call this end-result a poison-pill-poison-pill because it makes your future less likely in the end.
Under option 2, I think most of the big-boy investment companies would be in absolute fear of where this takes the company in a destructive market. Just having Musk say X and Y company were in absolute fear....would hurt their chances of profits in the future for any business.
My question....wouldn't this be the right time to get Zuckerberg to toss his billions into this, and fight the evil Musk....bringing Twitter into the friendly Facebook empire?
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