The Rights Plan is not meant to be an anti-takeover measure
, and the Windstream Board of Directors has established a procedure to consider requests to exempt acquisition of Windstream common stock from the Rights Plan if it determines that doing so would not limit or impair the availability of the NOLS.
The amendment to the Rights Plan was not adopted primarily as an anti-takeover measure
The degree to which any anti-takeover measure
may promote or diminish shareholder value depends on circumstances specific to the individual company.
Another obstacle lies in an anti-takeover measure
- or "poison pill" - that allows TNT to issue preference shares to a friendly foundation in case of a hostile bid.
After Tyson Foods made an unsolicited offer for the poultry processor early in the year, WLR officials dug in, swallowing a poison pill and enacting the state's stringent anti-takeover measure
As seen in the figure on pages 50 and 51, credit statistics and the stub performance of previous recaps help illustrate the potential rewards and risks inherent in the anti-takeover measure
Accordingly, we believe that this provision was added at the insistence of Forest Labs, not Cypress, in an attempt to surreptitiously implement an anti-takeover measure
The Rights Plan was not adopted as an anti-takeover measure
and once the deferred tax assets have been substantially realized, the Board of Directors intends to terminate the Rights Plan.
The rights plan was not amended as an anti-takeover measure
Sapporo President Takao Murakami declined to comment on the possibility of whether the brewery would implement an anti-takeover measure
if Steel Partners launches a hostile tender offer.
The Act is generally viewed as an anti-takeover measure
that imposes costs and other obstacles on a potential bidder for a company, and may thereby deprive shareholders of opportunities to realize takeover premiums for their shares.
The Bylaw Amendment has the effect of an anti-takeover measure
because it reduces even further the percentage that other individual shareholders can acquire to mount a potential takeover.