Twitter board to fight Musk bid

The Board of Twitter board has armed itself against a possible hostile takeoverthe  a day after billionaire Elon Musk made a $43bn (£33bn) offer to buy the platform.

It has adopted what is known as a “limited-duration shareholder rights plan”, also known as a “poison pill”. The move will prevent anyone from having more than a 15% stake in the company. It does this by allowing others to buy additional shares at a discount.

Read more at BBC