Sentences with phrase «pill takeover defense»
Ackman's Pershing Square Capital Management files lawsuit to ensure request to hold special shareholder meeting would not trigger poison pill takeover defense, Reuters
http://www.canadianlawyermag.com/ Not exact matches
Netflix's «poison pill» defense, which would make it much more difficult for Icahn — or anyone else — to mount a hostile takeover, comes as the streaming pioneer struggles to regain traction amid intense competition in the online - video space.
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.
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.