What is a poison pill and how is it used to stop a hostile acquisition?
talksonlaw.com
What is a poison pill and how is it used to stop a hostile acquisition?
A “poison pill” is a defensive tactic used to discourage a hostile takeover. Professor John D. Morley of Yale Law School explains how they work. A poison pill is a tool used by corporate boards to make an acquisition intolerably expensive. The way that a poison pill works is by setting a trigger or threshold in the terms of stock ownership ...
Apr 17, 2022
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