What does a poison pill do?

 
Link to this answer

Close Close

Link to this answer

Share this credible answer with others. Simply paste this code into your blog or Web page:

<a href="http://answers.encyclopedia.com/question/does-poison-pill-do-542224.html" >What does a poison pill do?</a>

... poison pill: a change in the company's stock plan or financial condition that is intended to make the corporation unattractive to the buyer ...

Answer verified with
Get more facts and information about Poison Pill from West's Encyclopedia of American Law at Encyclopedia.com.

Related entries at HighBeam Research

Poison pills, shareholder value and voting on rescission proposals Directorship ...defeat rate for non-pill companies (16 defeats...the argument that poison pills make it less likely...7.7 percent for pill companies and 5.6 percent for non-pill companies. The explicit purpose of poison pills is to increase target...
POISON PILL STRATEGY CHANGES: BINDING RESOLUTIONS ARE BOARDS' LATEST WEAPON... Pensions & Investments ...Quickturn enacted a poison pill that would have prevented...directors from redeeming it pill for six months. But...that dead- hand poison pills are illegal in all circumstances...on the renewal of its poison pill in its proxy statement...companies about their poison ...
DEBATING POISON PILLS. WWD ...volatility this year, poison pills are back in fashion...strengthening a poison pill mechanism to defend...seeking rescission of poison pills. Most of...presence of a poison pill had no effect on...friendly bid. Poison pills also failed to ...