Latest On Poison Pill

  • The “Poison Pill” Defense Has Its Day In Court

    Shareholder rights plans, commonly called “poison pills” because they limit the amount of stock an investor is able to acquire, are increasingly being used by companies against activist investors. But hedge fund manager Dan Loeb is mounting a court challenge to its relevancy in his battle against auction house Sotheby’s.

    Mariah Summers 8 months ago respond