Exchange Currency

dead hand provision

States that the original directors who put a poison pill in place to prevent a merger or takeover from another company are the only people who can dismantle it.

Related information about dead hand provision:
  1. Dead Hand Provision Definition | Investopedia
    The dead hand provision prevents the removal of the poison pill, a strategy used to discourage a hostile takeover, even if shareholders of the target company ...
     
  2. Dead Hand Provision - Financial Dictionary - The Free Dictionary
    A provision in some antitakeover measures stipulating that only persons who were members of the board of directors at the time the antitakeover measure was ...
     
  3. What is dead hand provision? definition and meaning
    Definition of dead hand provision: States that the original directors who put a poison pill in place to prevent a merger or takeover from another company are the ...
     
  4. Delaware Supreme Court Kills "Dead Hand" Poison Pill Rights Plans
    Jan 14, 1999 ... Toll Brothers, Inc. 8 Vice Chancellor Jack B. Jacobs denied a motion to dismiss claims alleging that the adoption of a dead hand provision by ...
     
  5. Dead Hand Provision: Definition from Answers.com
    Dead Hand Provision A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against a merger or takeover by another.
     
  6. A NEW LOOK AT DEAD HAND PROVISIONS IN POISON PILLS ...
    In its pure form, a dead hand provision mandates that only "continuing directors" ... In sum, the pure dead hand provision strengthens the defensive attributes of a ...
     
  7. DEATH TOLL FOR THE DEAD HAND?: THE SURVIVABILITY OF ...
    Realistically, a poison pill fortified with a dead hand provision will deter a potential ... Without a dead hand provision, the newly-elected board would vote to ...
     
  8. 'Dead Hand' Pills - Wood LLP
    After the July decision of the Delaware court, Quickturn took the dead hand provision in its poison pill plan and replaced it with a pill that effectively bars new ...