- board /bawrd/
- takeover /TEYK-oh-ver/
- unsolicited /uhn-suh-LIS-i-tid/
- restrict /ri-STRIKT/
- constitutional /kon-sti-TOO-shuh-nl/
[noun] – the group of people who are responsible for controlling and organizing a company or organization
The proposal needs to be approved by the board first before implementation.
[noun] – a situation in which a company gets control of another company by buying enough of its shares
The company’s takeover could mean additional job losses.
[adjective] – not asked for
There are no records for the demo tape requests. These are unsolicited.
[verb] – to limit the movements or actions of someone
The government has passed a new law to restrict travel during this pandemic.
[adjective] – allowed by or contained in a constitution
Such policy is not constitutional.
A hostile takeover bid is when one firm tries to buy another against the wishes of that company’s management – in Twitter’s instance, the executive board. Musk said earlier this month that he owns a 9.2 percent share in the company, but he is no longer the largest stakeholder. Vanguard Group, an asset management firm, announced that its funds now own a 10.3 percent investment in the company. Musk has already stated that he believes Twitter restricts freedom of speech, and he restated this position at the Vancouver event. He has asserted that his major motivation is to expand free speech on Twitter, a constitutional right in the United States.
- How often do you use social networking sites?
- How popular is Twitter in your country? Please tell me more about it.
- If you were Twitter’s board member, would you accept Musk’s bid? Why or why not?
- Do you agree that Musk’s proposal was “unsolicited”?
- What do you think would happen if Musk succeeds in buying Twitter?