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To prevent Elon Musks plan to buy Twitter the board of directors has adopted a strategy

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Twitter Inc. has adopted a safeguard that would protect it from hostile acquisition bids to resist attempts by billionaire investor-inventor Elon Musk to take control of the firm.

Two days after Elon Musk made a bid to buy 100% of Twitter Inc.’s stock to take the firm private and turn it into a stronghold of free expression, Twitter Inc.’s board has devised a new strategy to ensure that no one gains control of the company through open market stock accumulation.

The business has implemented a ‘poison pill’ approach, under which the rights will become exercisable if anyone purchases 15% or more of Twitter’s stock in an unapproved transaction. To shield itself against billionaire entrepreneur Elon Musk’s $43 billion cash acquisition offer, the microblogging tech company devised a limited-duration shareholder rights plan.

The approach aims to ensure that anyone who gains control of Twitter through open market accumulation pays a reasonable control premium to all shareholders.

The firm stated that “the Rights Plan does not exclude the Board from negotiating with parties or accepting an acquisition deal if the Board feels it is in the best interests of Twitter and its shareholders.”

A poison pill defensive technique allows current shareholders to purchase additional shares at a reduced price, diluting the hostile party’s ownership interest. When confronted with hostile takeover circumstances, poison tablets are commonly used.

Twitter chose this method to purchase time to analyze and negotiate any agreement, according to Twitter officials. According to an insider, they could yet accept Elon Musk’s offer.

The Saudi Prince rejects Elon Musk’s bid to buy Twitter.

Elon Musk, the CEO of Tesla Inc., made an offer to buy Twitter for $54.20 per share in cash on Thursday, valuing the firm at $43 billion. Musk had stated in his SEC filing that he had made his “best and last” offer after accumulating a stake in Twitter of more than 9% earlier this year.

As a result, Twitter’s board of directors convened on Thursday to assess Musk’s proposal to see if it was in the company’s and all of its shareholders’ best interests.

But, al-Waleed bin Talal, a Saudi Arabian billionaire businessman, refused to sell his 5.2 percent interest in Twitter just hours after Tesla CEO Elon Musk offered to buy all of the company’s shares. For turning down Elon Musk’s offer, Talal noted Twitter’s future growth possibilities and low stock valuation.

Amid the uproar, Vanguard funds, a Malvern, Pennsylvania-based investment manager, displaced Elon Musk as Twitter’s largest stakeholder on Friday. Vanguard funds upped their stake in Twitter to 10.3 percent, making it the company’s largest stakeholder.

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NMMC Cracks Down on Illegal Construction in Airoli

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Civic enforcement team partially demolishes unauthorized structure following ignored legal warnings.

The Constructions

The Navi Mumbai Municipal Corporation (NMMC) carried out a partial demolition drive in Sector 2B, Airoli, targeting an unauthorized construction that persisted despite explicit legal warnings. The enforcement action focused on illegal developments across Plots 118, 119, and 120 under the G Ward administration, involving developers Sanjaykumar Dubey, Pratibhakumari, and contractor Santosh Halse, who had previously been served a formal statutory notice under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act, 1966.

When the party ignored directives to voluntarily dismantle the unapproved framework and continued building, the encroachment department intervened under the direction of the Municipal Commissioner, deploying an 18-member labor crew armed with heavy demolition equipment, concrete breakers, gas cutters, and generators to bring down the structure. Local police personnel were stationed throughout the site to maintain order, and civic officials emphasized that this operation is part of an intensified, ongoing citywide effort to curb illegal developments across all administrative wards in Navi Mumbai.

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Retired Pensioner Duped of Rs 1.57 Crore in Fake Digital Arrest Scam

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Cyber fraudsters hold a 90-year-old Nerul resident and his wife under virtual captivity for six weeks by posing as government authorities.

The Scam

A 90-year-old retired Central Government pensioner and his wife residing in Nerul fell victim to a massive cyber fraud, losing Rs 1.57 crore after being held under a terrifying “digital arrest” for nearly six weeks. The ordeal began when the victim received a phone call from an individual posing as a telecommunications officer who claimed the elderly man’s mobile number was linked to illegal activities in Bengaluru, before handing the video call over to accomplices impersonating officers from the CBI, Supreme Court, Karnataka Police, and Reserve Bank of India.

To trap the couple in complete isolation, the fraudsters presented forged arrest warrants over WhatsApp, invoked strict legal threats under the Official Secrets Act, and ordered them to stay confined inside their home without informing family or friends. Operating under the guise of an urgent financial audit by the RBI to clear their names, the scammers manipulated the terrified couple into transferring their lifetime savings across multiple transactions, even sending fake Supreme Court receipts to maintain the illusion of an ongoing legal procedure.

The couple finally realized they had been tricked after coming across newspaper reports describing identical scam tactics, prompting them to approach the Navi Mumbai Cyber Police, who have now registered a formal case and urged citizens to remember that no legitimate agency ever carries out arrests or demands fund transfers over video calls.

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Daily Commute Turns Hazardous on Turbhe Flyover

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Potholes, poor visibility, and aggressive swerving endanger motorists navigating the vital Navi Mumbai corridor.

The Flyover

Traversing the Turbhe flyover has turned into a perilous daily ordeal for thousands of commuters as decaying road conditions and inadequate lighting create severe safety hazards along one of Navi Mumbai’s busiest transit routes. Motorists report that deep potholes, uneven asphalt patches, and loose gravel have compromised overall vehicle stability across the elevated stretch, placing two-wheeler riders at an exceptionally high risk of skidding during peak rush hours or sudden rainfall.

The deteriorating infrastructure frequently forces drivers to slam on their brakes or make sudden, erratic lane changes to dodge deep craters, triggering frustrating traffic bottlenecks and constant minor rear-end collisions. Making matters worse, non-functional streetlights across key segments leave long stretches of the flyover shrouded in darkness at night, hiding severe road defects from oncoming traffic and making temporary, low-quality patch-up jobs wash away rapidly.

Fed up with piecemeal fixes, local residents and motorist associations are urgently demanding that civic authorities and traffic police intervene by executing full-scale asphalt resurfacing, restoring missing street illumination, and deploying officers to strictly curb reckless lane-cutting during rush hours.

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