Twitter (TWTR) Adopts Limited Duration Shareholder Rights Plan
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Twitter (TWTR) Filing Confirms Detail of Previously Announced Rights Agreement
April 18, 2022 9:22 AM EDTTwitter (NYSE: TWTR) disclosed:
On April 15, 2022, the Board of Directors (the Board) of Twitter, Inc., a Delaware corporation (the Company), authorized and declared a dividend distribution of one right (each, a Right) for each outstanding share of common stock, par value $0.000005 per share (the Common Stock), of the Company to stockholders of record as of the close of business on April 25, 2022 (the Record Date). Each Right entitles the registered holder to purchase from the Company one one-thousandth of a share of Series A Participating Preferred Stock, par value $0.000005 per share (the Preferred Stock), of the Company at an... More
