Twitter's Poison Pill defence against Elon Musk Explained (And why a takeover is NOT dead)
Preet Banerjee Preet Banerjee
122K subscribers
105,433 views
0

 Published On Apr 18, 2022

Twitter adopted a Poison Pill strategy after Elon Musk launched his takeover bid to buy 100% of Twitter and take it private. What is a Poison Pill and how does it work? Is this a hostile takeover? Detailed explainer of what exactly happened with examples.

In this video:

00:00 Background on the story
00:31 Timeline of this round of Elon Musk vs Twitter
03:13 Friendly vs Hostile Takeovers
04:29 What is a Poison Pill?
05:36 Twitter's Poison Pill in detail
09:12 How successful are Poison Pills?
09:51What could happen next?

#poisonpill #twitter #elonmusk

Twitter's press release announcing poison pill: https://www.prnewswire.com/news-relea...

Twitter's latest 8-K filing was made that details the plans of their Shareholder Rights Plan in more detail. They will issue preferred shares, with an exercise price of $210 per 1/1000th of a share, making the market value price... $420 (for these preferred shares), not the common stock. These preferred shares

This plays along with the theme of 420 (Musk's offer was to take Twitter private at $54.20 per share, for the common shares.)

For the details: https://www.sec.gov/ix?doc=/Archives/...

WATCH MORE OF MY MOST POPULAR VIDEOS:
When does renting make more sense than buying a home?:    • Renting versus Buying a home | Which ...  
How to calculate your Net Worth:    • How to Calculate Your Net Worth  
How to find more money to save:    • How To Find Money To Save Without Kil...  

My podcast about "Mostly Money" things: https://www.buzzsprout.com/5821

ABOUT ME: I've hosted a personal finance TV show on the Oprah Winfrey Network, used to be a stockbroker, went to school to become a racecar driver (failed), founded a fintech company that provides financial planning software to financial advisors who want to help more people who don't have lots of money, and I consult with wealth management companies on commercializing applications of behavioral finance. I'm also quite fond of donuts.

SUBSCRIBE FOR MORE VIDEOS LIKE THIS: http://www.youtube.com/user/preet182?...

MY BOOK TO LEARN ABOUT THE BASICS OF PERSONAL FINANCE: https://www.amazon.ca/gp/product/0143...

FOLLOW ME ON TWITTER
  / preetbanerjee  

WEBSITE: http://www.preetbanerjee.com

#MoneySchool #PersonalFinance #LearnAboutMoney #LearnToInvest #money #stockmarket #finance #howtoinvest #budgeting #budget #savemoney #insurance #financialplanning

show more

Share/Embed