[Parley Baer]

What happened to the poison pill that was supposed to prevent the take over by Musk.

[Red Badger]

Musk threatened them with lawsuits if they did that and he would win, because they would be abandoning their fiduciary duties to the stockholders....................

[catnipman]

“What happened to the poison pill that was supposed to prevent the take over by Musk.”

the board can simply nuke it with a vote the same way they established it: easy come,easy go ... no doubt abolishment of the poison pill would just be one more part of the board accepting the deal ...

[RoosterRedux]

Musk's threat to go around the board and go directly to the shareholders with a tender offer (and in doing so build support among shareholders against the board) might have convinced the board to reconsider his offer.

This is increasingly likely given that, as we are learning, the board isn't active on Twitter and might be insecure about being out of touch with Twitter itself and out of touch with what the shareholders want.