Sentences with phrase «poison pill»

A "poison pill" is a strategy used by companies to protect themselves from being taken over by another company. It involves implementing measures that make the acquisition less attractive or costly for the acquiring company, deterring them from proceeding with the takeover. Full definition
After all, I slipped a painless poison pill into her drink....
A sugar coated poison pill if there ever was one.
Some have suggested this is the pharmaceutical industry's poison pill strategy for defeating patent reform.
Does Cuomo risk a constitutional crisis As worrisome as al Qaeda and ISIS When he sends a package of budget bills Chocked and full of poison pills?
Being critical of many aspects of traditional publishing (the agent requirement, horrible contracts with more poison pills in them than you'd find in a bottle of arsenic, lack of appreciation for long - tail backlist sales) doesn't mean that the critic is beating up on authors who prefer that system, or who are contract bound into that system.
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.
The resulting bias might lead to lawyers drafting protection and entrenchment mechanisms for management such as poison pills, dual - class shares, restrictions on meetings and voting, and staggered boards.
The above chart is based on the Department of Revenue estimates as provided in the two charts in the State July 30, 2017 Report to the Supreme Court — adapted with the changes calculated in the Fast and Slow Poison Pill sections of this report.
My point is that if Skelos was sneaky like Silver, he would load the bill with poison pills.
Ackman's Pershing Square Capital Management files lawsuit to ensure request to hold special shareholder meeting would not trigger poison pill takeover defense, Reuters
Because plastic pellets are magnets for toxic chemicals like DDT and PCBs, they effectively become poison pills.
Last April, Jazz put in place a one - year so - called poison pill, a takeover - defense strategy typically used by companies trying to avoid becoming acquired.
«There's a danger the government will build more poisoned pills into the contracts that will simply make it more difficult to scrap.»
Whether a company adopts an NOL poison pill (poor fit to protect NOLs) or a charter amendment (well designed to protect NOLs), an intended or unintended consequence is that it basically allows a corporate board to pick its shareholders.
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.
, a line of police cars, and the Batmobile that is kinetic and beautifully choreographed (less showy but just as great is an early bank heist that anybody who saw I Am Legend in IMAX is already familiar with)-- and there are exchanges of razor - sharp dialogue delivered like poison pills.
February 26, 2016 - CCGG's Executive Director Stephen Erlichman was quoted in the Globe and Mail relating to the 105 day bid period and poison pills under the CSA's new takeover bid rules.
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 first few years will be the same as with the Fast Poison Pill option.
We will refer to this provision as the Slow Poison Pill because it will take about 9 years before it gradually destroys school funding.
But the activist wing of the party — including Citizen Action's Karen Scharff as well as executive director Dan Cantor and state director Bill Lipton — has refused to sign off, afraid that whatever campaign finance deal might emerge would contain unpalatable poison pills.
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.
It would also thus serve as a potential poison pill to fend off any Amazon approaches.
We talked the other day about the new anti-activist poison pills that are sweeping the nation, designed not to prevent coercive takeovers but just to make it really difficult for activists to accumulate shares, communicate with each other, or otherwise mount a challenge to entrenched managers.
Those who believe that Trump wants NAFTA to fail think he may plant poison pills so unpalatable that Mexico, which has a presidential election next July, might withdraw on its own.
The U.S. Chamber of Commerce said on Oct. 10 that they are «poison pill proposals» that could sabotage the talks.
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.
«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.
Regulators not only blocked CanniMed's attempted poison pill defending Aurora's hostile bid — they also confirmed that hard lock - ups are a legitimate way for buyers to commit the target company's shareholders to the hostile bid.
In what was intended to be an obvious poison pill for the mayor, that inspector would be appointed by Gov. Andrew Cuomo.
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.
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.
With senators whose districts overlap with Assembly members like Duprey, advocates have been arguing that a «yes» vote on the bill won't be a political poison pill.
The union, he said, does back an Assembly bill to hike the cap — but that contains enough poison pills to practically kill off the whole movement.
Second, even if the virus tries to mutate the change away, then it can no longer replicate, so the virus self - destructs — which is why the researchers call their modification a «genetic poison pill
An energetic and curiously faithful remake of the 1984 film of the same name starring Kevin Bacon, writer - director Craig Brewer's Footloose is a virtual cinematic poison pill to anyone irrevocably divorced from any trace memories of adolescent feeling, and further proof that in life but especially art feeling is stronger than thought.
In short, under the Levy Swipe Scam, the Slow Poison Pill causes school funding to drop if there is home price inflation like there has been over the past 17 years.
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.
A central element of the rule changes was to extend the old 35 - day minimum bid period to 105 days, longer than regulators had historically tended to permit poison pills to endure.
M&A Litigation — We represent both targets and bidders in litigation and in securities commission proceedings in connection with change - of - control transactions, including poison pill and other proceedings before securities regulators and courts.
This may change in future since legislative proposals are currently being considered to provide shareholders with the right to decide how long poison pills will remain in effect, and the regulators would intervene only in extraordinary circumstances.
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