Veteran Member
Join Date: May 2004
Location: Promise Land of Trustafarians
|
Quote:
Originally Posted by Ryan
|
Just gonna leave this here.
https://www.bloomberg.com/opinion/ar...oison-pill-now
Quote:
Lawyer: The pill will be structured to let other shareholders buy a large amount of stock at a discount to dilute Musk’s stake.
Twitter: How much stock?
Lawyer: It doesn’t really matter, but a lot, enough to swamp Musk. Typically the exercise price would be like $100 to $200, and you’d get twice as much stock, like, $200 to $400 worth.
Twitter: We are defending against Elon Musk here and ordinary tactics are not enough. We need to harness the power of the number 420.
Lawyer: Okay then $420 worth of stock, whatever.
|
|
|
quote
|