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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 field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s to prevent takeover bids by limiting a shareholder's right to negotiate a price for the sale of shares directly.
The Medal of Honor was created during the American Civil War and is the highest military decoration presented by the United States government to a member of its armed forces. [1] Recipients must have distinguished themselves at the risk of their own lives above and beyond the call of duty in action against an enemy of the United States. [ 2 ]
In legislative debate, a wrecking amendment (also called a poison pill amendment or killer amendment) is an amendment made by a legislator who disagrees with the principles of a bill and who seeks to make it useless (by moving amendments to either make the bill malformed and nonsensical, or to severely change its intent) rather than directly opposing the bill by simply voting against it.
Poison pill plans, including shareholder rights plans, are used by corporate boards to thwart hostile takeover bids. Under Bitfarm's plan, if an entity accumulates more than 15% of Bitfarms' stake ...
A new fiscal commission established by the U.S. House to investigate ways to reduce the federal deficit really wants to push through cuts to Social Security and Medicare benefits, according to a...
Poison pill may refer to: Suicide pill, a physical pill for suicide by poison; Poison pill amendment or wrecking amendment, an addition to a legislative bill that renders it ineffective; Shareholder rights plan, also called a poison pill, a subclass of anti-takeover provisions that dilutes the attacker's power
Taking this one stage further, the clue word can hint at the word or words to be abbreviated rather than giving the word itself. For example: "About" for C or CA (for "circa"), or RE. "Say" for EG, used to mean "for example". More obscure clue words of this variety include: "Model" for T, referring to the Model T.
This is the poison pill facing an increasing number of Florida condominium owners. The insurance crisis has gotten most of the attention as the ravages of extreme weather make their presence felt ...