Skip to content
A Member of the Law Professor Blogs Network

EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do | AP News

Musk, a prolific tweeter with 82 million followers on Twitter, had no immediate reaction to the company s poison pill. But on Thursday he indicated he was ready to wage a legal battle.

If the current Twitter board takes actions contrary to shareholder interests, they would be breaching their fiduciary duty, Musk tweeted. The liability they would thereby assume would be titanic in scale.

via apnews.com

Well, maybe Elon *is* getting the bit between his teeth. This talk about “shareholder interests” suggests that. You’re darn right pills (I think) are not in the shareholders’ interests, or at least the Boards that adopt them intend them to be! Maybe, just maybe, the twitter Board will piss off the Telsanator (TM) enough to get him to really make a run at twitter, which I would take a rooting interest in watching, as well as the most high-minded civic interest, being a proponent and consumer of free speech. Stay tuned, my friends.