Exchange Currency

poison pill

Any tactic by a company designed to avoid a hostile takeover. One example is the issuance of preferred stock that gives shareholders the right to redeem their shares at a premium after the takeover.

Related information about poison pill:
  1. Shareholder rights plan - Wikipedia, the free encyclopedia
    A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. In the ...
     
  2. Poison Pill Definition | Investopedia
    With a poison pill, the target company attempts to make its stock less attractive to the acquirer. There are two types of poison pills: 1. A "flip-in" allows existing ...
     
  3. Netflix Adopts Poison Pill - NYTimes.com
    Nov 5, 2012 ... Netflix announced that its board had adopted a shareholder rights plan, or poison pill, just days after the activist investor Carl C. Icahn disclosed ...
     
  4. Netflix adopts poison pill to fend off Carl Icahn - Nov. 5, 2012
    Nov 5, 2012 ... The plan, known to investors as a "poison pill," would kick in if an individual or group tried to buy a sizable chunk of the company without ...
     
  5. Netflix preps poison pill to fend off Icahn | Internet & Media - CNET ...
    Nov 5, 2012 ... The video rental bigwig adopts what appears to be poison pill in hopes of holding off a takeover attempt by investor Carl Icahn. Read this article ...
     
  6. Netflix Adopts Poison Pill - Forbes
    Nov 5, 2012 ... Under fire from activist investor Carl Icahn, Netflix this morning announced adoption of a "poison pill" shareholder rights plan. The company ...
     
  7. Netflix Adopts Poison Pill to Stop Icahn From Buying More - Bloomberg
    Nov 5, 2012 ... Netflix Inc., the world's largest subscription video service, adopted a so-called poison pill to protect against a hostile takeover after billionaire ...
     
  8. Netflix adopts poison pill in effort to rebuff Carl Icahn - latimes.com
    Nov 5, 2012 ... Netflix said it has adopted a stockholder rights plan to block a hostile takeover by activist investor Carl Icahn, who last week acquired a 10% ...