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Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay

  • Written by Tuugi Chuluun, Associate Professor of Finance, Loyola University Maryland
Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bayPoison pills usually work, but Elon Musk appears undeterred.AP Photo/Ringo H.W. Chiu

Takeovers are usually friendly affairs. Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. After some negotiating, the companies engaged in the merger or acquisition announce a deal has been...

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