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Dubai News Club > Tech > Twitter reportedly hires the firm that invented the “poison pill” to sue Elon Musk
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Twitter reportedly hires the firm that invented the “poison pill” to sue Elon Musk

Press Room
Last updated: 2022/07/10
Press Room
Published: July 10, 2022
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Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or “poison pill” defense that Twitter initially used to put the brakes on Musk’s attempted buyout.

On Friday, Elon Musk filed a document to attempt to cancel his $44 billion takeover of Twitter. In response, Twitter chairman Bret Taylor tweeted the company…

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