Author: Lauren Hirsch and Mike Isaac

[ad_1] Twitter’s board had reached the tip of the street.It was April 24. Ten days earlier, Elon Musk, the world’s richest man, had made an unsolicited bid to purchase Twitter for $54.20 a share. Alarmed by the out-of-the-blue proposal and unsure if the provide was for actual, the social media firm had adopted a “poison capsule,” a defensive maneuver to cease Mr. Musk from accumulating extra of its shares.However by that Sunday, Twitter was working out of decisions. Mr. Musk had lined up financing for his provide and was needling the corporate together with his tweets. And after hours of…

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