[apillar]

Well depending on how devious Musk is he could use this to his advantage, quietly get a couple billionaires or investment groups that agree with his plan. Buy up 15% to trigger the “poison pill” where the board starts issuing tons of “discount” stock, have his “straw men” jump in and buy up all the discount stock, with the result that dumping tons of new stock will crater the price of existing stock, then buy up enough to get 50.1% and control of the company at a huge discount.

[canuck_conservative]

have his “straw men” jump in and buy up all the discount stock

the way the article reads, the new "discount" stcok will only be available to existing investors

so basically, the Twitter Board wants to turn their ownership into an exclusive country club that keeps out the political riff-raff

boy, they must have a lot of bad secrets that need to be kept hidden ... like the conservative-discrimination algorithms, and who knows what else ...