Twitter adopts 'poison pill' as challenger to Elon Musk emerges

Twitter adopts 'poison pill' as challenger to Elon Musk emerges

FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo

Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk‘s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company.