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Judge Strikes Down Williams Cos.s Poison Pill Takeover Defense

2021-02-27 00:20:00| OGI

Williams poison pill was found by a Delaware judge to be a disproportionate response to the threat that an activist investor might swoop in when the stock was at a low point during the start of the pandemic.

Tags: williams defense judge strikes

 

Occidental Adopts Poison Pill After Icahn Raises Stake To About 10%

2020-03-13 15:48:16| OGI

The billionaire investor has been waging a bitter battle with Occidentals board over its $38 billion acquisition of Anadarko Petroleum, calling it a misplaced bet based on expectations of higher oil prices.

Tags: to raises pill stake

 
 

Anheuser-Busch InBev embroiled in Caribbean "poison pill" takeover row

2015-11-27 15:12:00| Daily beverage news and comment - from just-drinks.com

As Anheuser-Busch InBev awaits the green light from regulators over its SABMiller acquisition, its Brazilian subsidiary AmBev is battling investors in a fight for control of a Caribbean beverage company.

Tags: row caribbean pill poison

 

Canadian Oil Sands rejects Suncor bid, adopts poison pill

2015-10-07 15:19:48| Oil & Gas - Topix.net

A pedestrian is reflected in a Suncor Energy sign in Calgary, in this file photo. A pedestrian is reflected in a Suncor Energy sign in Calgary, in this file photo.

Tags: oil bid canadian pill

 

Poison Pill: How to Destroy GM - The Big Picture

2015-07-16 02:01:12| Automakers - Topix.net

Sergio Marchionne's audacious bid to merge Fiat Chrysler Automotive with General Motors is precisely the multi-billion-dollar power play Wall Street loves. This is swashbuckling, freewheeling American capitalism at its best, and there's a lot of money to be made by the bankers and lawyers and shareholders who are in on the deal.

Tags: the big picture destroy

 

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