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Twitter announces measure to prevent it from being bought by Elon Musk

Elon Musk, fundador da Tesla, em foto de setembro de 2020: magnata quer comprar o Twitter e fechar seu capital.

Elon Musk, founder of Tesla, in a photo from September 2022: tycoon wants to buy Twitter and go private .| Photo: Alexander Becher/EFE/EPA

Twitter announced this Friday a measure with which it intends to postpone or prevent the purchase of the company by Tesla founder and CEO Elon Musk. The action, known in the business world as the “poison pill”, intends to complicate the purchase of more than 15% of Twitter shares by Musk, who already owns 9% of them. Twitter made the decision public a day after Musk, the richest man in the world, offered $ 43 billion (about BRL 200 billion ) via the social network and threatened to sell all of his shares in the company if his offer was rejected. A Saudi prince has already turned down the Tesla founder’s offer.

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