Twitter's "Poison Pill" plan is *so* much more damaging than it first appeared. But will it stop a motivated Elon Musk?

That Pill is Poison...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/fAhmRuuc_8k

#ElonMusk #Twitter #PoisonPill

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UTREON - https://utreon.com/c/hoeglaw/

PATREON - https://www.patreon.com/VirtualLegality

STORE - https://teespring.com/stores/hoeg-law-store

BITCAST (11AM Eastern) - https://www.youtube.com/channel/UCgHBXONMT06nX_8RZ5r32UA

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Discussed in this episode:

PLAYLIST

https://www.youtube.com/playlist?list=PL1zDCgJzZUy_O52bErVCYZfVYMgVgu3nX

THE RIGHTS PLAN ANNOUNCEMENT

https://www.prnewswire.com/news-releases/twitter-adopts-limited-duration-shareholder-rights-plan-enabling-all-shareholders-to-realize-full-value-of-company-301526627.html

SEC FILINGS

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/a286d5af-613e-47a2-bfb2-97fb2423dd5c.pdf

https://www.sec.gov/Archives/edgar/data/0001494730/000110465922048128/tm2213229d1_sc13da.htm

LAW AND LEGAL ANALYSIS

https://law.justia.com/cases/delaware/supreme-court/1985/493-a-2d-946-9.html

ARTICLES

https://finance.yahoo.com/news/twitter-board-gets-an-f-for-dealing-with-elon-musk-former-sec-chairman-163756232.html

https://www.theverge.com/2022/4/21/23033445/elon-musk-twitter-bank-debt-commitment-letter

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw

Web: hoeglaw.com