Sentences with phrase «of poison pills»

-- Gannett could proceed with a public tender offer, even with the Tribune» adoption of the poison pill.
Well, arguably, one purpose of a poison pill is to prevent shareholders from talking to each other.
One obvious way out of the lawsuit would be for Allergan to say «come on, Pershing Square, your reading of the poison pill is absurd, of course it doesn't mean that, why are you embarrassing yourself with this lawsuit?»
Pershing would be able to point to proof that it's allowed to talk to shareholders, despite the broad language of the poison pill.
Allergan's pill is not unusual, and this won't be the last proxy fight that Pershing Square fights in the shadow of a poison pill.
It does nothing now — shareholders can't actually tender into it because of the poison pill — and if Valeant ever persuades or replaces Allergan's board, then it could just do a friendly merger and dispense with the tender offer.
The demonstration of this poison pill in the coxsackievirus B3 could theoretically translate to other positive - sense RNA viruses, including those linked to asthma and to foot - and - mouth disease that is a major animal health concern in Europe and South America.
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.
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.
As evidence, Avigen's stock price has fallen more than 20 % since the adoption of the poison pill.
As evidence, Avigen's stock price fell more than 20 % after the adoption of the poison pill.
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.
Remember INFS's adoption of a poison pill «to help ensure... our Board of Directors is able to conduct its review of strategic alternatives without the threat of coercive takeover or control tactics that do not offer shareholders a fair premium»?
The discount is a direct result of the poison pill adopted by ABTL in 2004.
INFS's adoption of the poison pill is a disappointing step for management to take.
«I wasn't sure about releasing into Early Access because I thought it was a little bit of a poisoned pill,» he explains.
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.

Not exact matches

«I worry this will turn immigration itself into a poison pill,» says Vivek Wadwha, an entrepreneur and researcher of public policy at Stanford Law School, and an Inc. columnist.
CUPW later responded with a statement calling the condition of binding arbitration at the end of the 30 - day window a «poison pill» that it would not accept.
At the time, Maple Leaf's board said it would pursue a new shareholder plan with a poison - pill clause that would come into effect if 20 % of shares were sold to another investor.
«The Elliott book of deals is probably the most instructive, and it's also one of the most far, far reaching,» says Marty Lipton, founding partner of the law firm Wachtell Lipton Rosen & Katz and inventor of the poison - pill corporate defense strategy, who has lately faced Elliott more frequently and on more fronts than ever before.
«I'm becoming more and more of the view that the proposals we're seeing are poison pills,» said Dan Ujczo, an Ohio - based international trade lawyer with the firm Dickinson Wright.
Consider the pill less poison than a carrier of indigestion for Gannett.
Here is the poison pill; the most relevant bits are in Section 1.3, the definition of «Beneficial Ownership.»
Tribune Publishing enacts a «poison pill» contingency, which allows Tribune's shareholders to double their holdings in the event that another party (read: Gannett) acquires more than 20 percent of the company.
The U.S. Chamber of Commerce said on Oct. 10 that they are «poison pill proposals» that could sabotage the talks.
Cyber enemies could use a range of new battlefield tactics to try to cripple financial markets, from destroying the course of banking and trade settlement transactions to using poison pill algorithms to flood markets with bad data and fake trades in order to drive trading volatility and market collapse.
That relaxation of restrictions itself has been controversial among a number of Tronc investors; poison pills often are designed to protect the interests of all shareholders» values, and investors have complained about the chairman and vice chairman's abilities to leverage more control, at smaller benefit to other shareholders.
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.
The publisher of the Chicago Tribune, the Los Angeles Times and other papers said Monday the plan, commonly known as a «poison pill,» would kick in if a group buys more than 20 percent of Tribune Publishing's shares or begins a tender offer to seek a 20 percent stake from existing shareholders.
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.
«Poison pills ultimately, they just encourage further negotiation and sometimes maybe a higher price,» said Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware.
J.C. Penney said that its «poison pill» will be effective until Aug. 20, 2014, unless rights are redeemed or exchanged for shares of its common stock on an earlier date.
There's some chance that we'll find out if the lawyers are right, since Dan Loeb's Third Point Capital, which owns 9.62 percent of Sotheby's, is running a proxy fight to elect three directors and shake up management, and is the obvious target of Sotheby's 10 - percent - trigger poison pill, today filed a lawsuit to get rid of that pill.
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.
Republicans need at least 60 votes in the Senate to pass an appropriations bill, and Democrats have made it clear that any budget that includes a «poison pill» like defunding Planned Parenthood or paying for the wall will be met with a lot of resistance.
The most famous case was the Minnesota Vikings» inclusion of a now illegal «poison pill» clause in an offer sheet given to then - Seattle Seahawks guard Steve Hutchinson.
Vicki Been, commissioner of the city Department of Housing Preservation and Development, recently labeled the move «a poison pill
New York City's housing commissioner lambasted a proposal from Gov. Andrew Cuomo to alter the process of allocating affordable housing bonds as a «poison pill» and said the long - standing way of doing things was working fine.
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.
For the third time, de Blasio, who has sought long - term extensions of his control of city schools, is facing hostility from Senate Republicans who have attached poison pills to the extension — namely, the raising of the cap on charter schools in the city.
«Andrew believes that public review and consultation are important but can not become a poison pill that prevents the opening of new charter schools,» a source close to Cuomo told The Post.
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.
One legislator told Gotham Gazette with condition of anonymity that they felt making the Legislature subject to FOIL is actually a «poison pill,» and virtually guarantees it will not pass.
Laid out on a table next to them were four bags of marijuana along with the pills carefully sealed within multiple layers of plastic and marked with a poison symbol reading «Fentanyl.»
GOP leaders in the state's upper house introduced another proposal to re-authorize mayoral control of the state's largest school system, offering New York City Mayor Bill de Blasio an additional three years but pairing it with a tax credit for donations to private school scholarships — a known poison pill for Heastie and the Democratic conference he leads.
Far too many mainstream diets appear to expect you to live on starvation rations, to cut out one or more of the major essential food groups, to poison your body with possibly dangerous diet pills, or to eat additive - filled meal replacements.
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