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Poison Pill Deep Dive Series: Triggering Percentage

Legal News, Lawyers, Law Firms

The fourth of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles, [1] a shareholder rights plan is a protective measure used by a public company to deter (though not necessarily prevent) a stockholder from exceeding a specified ownership percentage without prior approval from the company’s board...

Mentions: hostile takeover Delaware stake