Sentences with phrase «by a poison pill»

Not exact matches

So it's no surprise that Netflix has responded with a poison - pill defense, which is a tactic used by companies that feel threatened by unwanted suitors.
Now Ferro and Soon - Shiong each hold just under 25 % of Tronc's shares, and both are prohibited from buying any more by the company's recently reformulated poison pill.
On a more fundamental level, the negotiations remain at an impasse over a collection of U.S. proposals dubbed «poison pills» by U.S. Chamber President and CEO Thomas J. Donohue, including the proposed sunset clause, an extreme approach to rule of origins for the auto and textile / apparel sectors, and measures that would undermine investment protection, government procurement, and trade in seasonal produce.
USA Today owner Gannett has boosted its takeover bid for Tribune Publishing Co. by about 22 percent one week after the owner of the Los Angeles Times, Chicago Tribune and other newspapers adopted a «poison pill» plan to thwart the unsolicited offer.
In addition, there is the presence of pornography in the culture at all levels, degrading women and destroying families by the millions, not to speak of the Pill, which both poisons the woman and prevents new life.
The typical procedure is for the patient to take a lethal dose of poison (by swallowing pills, by injecting himself or by inhaling a gas, for example) that the patient has asked the physician to prescribe for that purpose.
Under the negotiation with Fonterra, a «poison pill» has been introduced - a tactic utilised by companies to prevent or discourage hostile takeovers.
Paterson objected to what he deemed a «poison pill» inserted into an education appropriation bill by the Legislature.
But each effectively had poison pills for the opposing chambers, with the Assembly linking the two years to tax extensions — vitally needed by communities around the state — and the Senate including an increase in charters with its promise of control.
Burning the drugs prevents the medications from entering landfills, being disposed of by flushing the pills down the toilet, prevents illicit and illegal use as well as reduces the risk of accidental poisoning of our children and elderly.
The state Senate did its duty by New York's public - school children yesterday, passing a bill that would more than double the number of charter schools allowed to operate statewide — without the usual poison pills meant to strangle the wildly successful charter movement by stealth.
Unwilling to write prescriptions for what she considered «poison pills», Dr Pensanti decided to «kick it up a notch» and became an «activist» against synthetic hormones by taking her message to the radio waves as well as her weekly TV program.
These so called genius doctors are making big bucks off of your nutritional deficiency symptoms by calling them «diseases» and stuffing your face full of poison Big Pharma pills.
She doesn't want to pay for upscale frilly costumes, but really, she's too much of a poison pill to play by the rules that others set; she'd rather set herself, and her daughter, apart.
Seattle will only be affected by the gradual loss in State Funding over the next 9 years (the Slow Poison Pill).
We will therefore next look at another scam created by the legislature called Ghost Money before reviewing how two poison pills inserted into the Levy Swipe Scam will cause dramatic declines in school funding in the coming years.
Beginning in 2009, financier Ron Burkle began mounting a hostile takeover bid for the bookseller; Barnes & Noble instituted a poison pill defense, which was upheld in 2011 by a Delaware court on appeal.
The recent addition of a poison pill by the Board adds further insult to stockholders who have already been insulted by a Board that ignores their pleas.
Mr. Lampert continued, «In addition to the Board's unilateral expansion of «golden parachute» payments for management and its unilateral adoption of the «poison pill,» we are also concerned with the Board's apparent dismissal of the compelling transaction proposed by MediciNova.
The tender offer will be conditioned on the following: (i) BVF's nominees being elected to the board of directors of Avigen (the «Board») at the Special Meeting (or otherwise appointed) and constituting a majority of directors on the Board, (ii) the Board redeeming rights issued under Avigen's poison pill, (iii) Avigen not committing to any strategic transactions or capital - depleting actions, pursuant to the process described by Avigen on January 14, 2009 (or otherwise), and (iv) other customary conditions such as the absence of a suspension in trading or any material adverse change at Avigen.
Avigen responded to our offers by unilaterally increasing and broadening management's «golden parachute» severance agreements and unilaterally adopting a «poison pill,» raising our concerns about this Board's and management's true intentions.
Please see «Proposal No. 1 — Reasons for Removing Existing Directors — We believe the unilateral action by the Board to adopt a «poison pill» is an attempt by the Board and management to ensure the retention of their jobs and their compensation» for further discussion of Avigen's recently adopted stockholder rights plan.
Closing of the tender offer will not be subject to any due diligence or financing conditions, but will be subject to the redemption by the Company's Board of Directors of the recently adopted «poison pill» and waiver by the Board of Directors of Section 203 of the Delaware General Corporation Law, as well as other customary conditions.
Examples of the lack of good corporate governance that are blatantly hostile to shareholders abound and include: (i) the retention of a staggered board, (ii) the adoption of a poison pill without shareholder approval and at the extremely low trigger of 10 %, and (iii) the refusal by the Board to allow shareholders to vote on whether our offer was sufficient.
Often a board will seek to prevent a shareholder attempting to demonstrate this last point, for example, by implementing poison pills and other shareholder unfriendly devices, but that is nothing more than an implicit recognition by the board that it is true.
The court to which Steel Partners appealed a failed injunction to prevent Bulldog's poison - pill strategy stated: «[Steel Partners] pursues its own interests exclusively and seeks only to secure profits by selling companies» shares back to the company or to third parties in the short term, in some cases with an eye to disposing of company assets....
The discount is a direct result of the poison pill adopted by ABTL in 2004.
Michigan Freedom Fund CEO, Terri Reid, commended the House for having defended free market principles by removing «every anti-choice poison pill» from the original Senate bill.
For example, I would argue that Marty Lipton created the poison pill defense to hostile takeovers out of empathy for the businesspeople whose work was being ravaged by the takeover trolls of that age.
The Circon case comes with a video that professors can purchase that not only features a wonderful policy discussion on the use of the poison pill by a panel of corporate governance experts, including Judge Jack Jacobs, then Vice Chancellor of the Delaware Chancery Court, but also showcases the two main characters in the case study, the CEO and his long - time friend and fellow Circon board member, presenting their perspectives on the events that transpired.
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