>> >> billionaire Elon Musk has been mounting a hostile takeover bid of the popular service Twitter
>> That's some pretty incompetent reporting.
What's incompetent about that? It seems to be exactly what he did...
>> That's some pretty incompetent reporting.
What's incompetent about that? It seems to be exactly what he did...
https://www.investopedia.com/ask/answers/042215/what-differe...
https://www.cnbc.com/2022/04/25/twitter-accepts-elon-musks-b...
Zero responsible reporting called this a hostile takeover. The closest you can come is journalists who speculated that a hostile takeover might be attempted if the offer to the board were rejected. There is nothing beyond speculation to show that this was ever a possibility.
The poison pill was adopted to forestall any hostile attempt if the offer was rejected and try to secure a better bargaining position if they decided to accept the offer.
This "journalist" doesn't qualify anything and makes a statement of fact that Musk mounted hostile takeover bid.
That is simply bad reporting.