Twitter (TWTR) Adopts Limited Duration Shareholder Rights Plan
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Twitter Adopts Limited Duration Shareholder Rights Plan, Enabling All Shareholders to Realize Full Value of Company
April 15, 2022 12:10 PM EDTSAN FRANCISCO, April 15, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan"). The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter.
The Rights Plan is intended to enable all shareholders to realize the full value of their investment in Twitter. The Rights Plan will... More
