The Wall Street Journal has reported that "[the] number of U.S. businesses adopting poison pills is rising this year as companies move to defend themselves against potential hostile takeovers. Fifty publicly traded companies adopted poison pills this year through Thursday, up from 42 in all of 2007, according to John Laide of FactSet SharkRepellent, which tracks corporate takeover defenses". For background information, and further discussion, click here.
Monday, 27 October 2008
USA: the rise of the poison pill
The Wall Street Journal has reported that "[the] number of U.S. businesses adopting poison pills is rising this year as companies move to defend themselves against potential hostile takeovers. Fifty publicly traded companies adopted poison pills this year through Thursday, up from 42 in all of 2007, according to John Laide of FactSet SharkRepellent, which tracks corporate takeover defenses". For background information, and further discussion, click here.
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