Search results
Corporate defense strategy against hostile takeover attempts
- A poison pill is a corporate defense strategy against hostile takeover attempts. The name is derived from the poison pills that Cold War-era spies kept to commit suicide if caught.
www.fool.com › terms › p
Apr 28, 2024 · A poison pill is a defense tactic used to deter activist investors or acquirers from amassing enough shares to take control or staging a takeover without...
People also ask
What is a poison pill?
What is a 'poison pill' plan?
What is a poison pill & how does it work?
Jul 3, 2024 · The meaning of POISON PILL is a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable.
Nov 21, 2023 · A poison pill is a corporate defense strategy against hostile takeover attempts. The name is derived from the poison pills that Cold War-era spies kept to commit suicide if caught.
Sep 28, 2023 · A poison pill is designed to discourage a major acquisition of shares and a company's hostile takeover by an individual or entity. Once activated, the strategy...
- J.B. Maverick
- 1 min
Apr 24, 2020 · The general purpose of a shareholder rights plan or “poison pill” is to deter and mitigate the time pressures of non-negotiated, hostile takeover attempts made at unfair or inadequate prices, or by coercive or unfair tactics.
Mar 4, 2014 · In a new paper, Toward a Constitutional Review of the Poison Pill, we argue that the state-law rules governing poison pills are vulnerable to challenges based on preemption by the Williams Act. Such challenges, we show, could well have a major impact on the corporate-law landscape.
Apr 21, 2022 · A poison pill is a defensive tactic that corporations implement to prevent or discourage a hostile takeover. When triggered, a poison pill typically allows all shareholders, except for the hostile bidder, to purchase additional shares in a company at a discounted rate. This dilutes the hostile bidder’s ownership.
