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Hearing @alexisohanian discussing how being a CEO of a social media platform is a bit different than being a CEO of another kind of company, when responding to @CNBC question re @elonmusk and @Twitter at @eMergeAmericas. #poisonpill# #takeover#
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Japan's Toho faces court test of poison pill tactic against activists
Japan's Toho faces court test of poison pill tactic against activists
Applebee’s parent Dine Brands has adopted a poison pill to fend off a takeover bid from the investment firms Cobblers Cove and Arkhouse
JUST IN: Senate Democrats blocked a bill to restrict lawmakers stock trading, calling its voter ID provision a “poison pill.”
🚨 NEW: FOUNDER VISHAL GARG HAS SUED HIS OWN BOARD IN DELAWARE CHANCERY, ASKING THE COURT TO INVALIDATE A “POISON PILL” ADOPTED AFTER HIS OUSTER.
Garg alleges the board used the rights plan to block his effort to remove five directors and regain control. Better says his shareholder campaign violates federal securities laws and is separately trying to stop it in federal court. (HousingWire)
The explosive detail: Garg says the board offered him a vice chairman and adviser package worth more than $15 million just three days after firing him as CEO. Better shares had fallen nearly 60% from his removal through August 21, according to his filing. (National Mortgage Professional)
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Dick's lost twice the market value of Foot Locker, which it bought last year. Foot Locker was a poison pill... .