Dead Hand Poison Pill
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Dead Hand Poison Pill

A provision in some antitakeover measures stipulating that only persons who were members of the board of directors at the time the antitakeover measure was put into place have the power to rescind the antitakeover measure. More specifically, it may refer to the right of the board of directors to dilute the stock holdings of the person or institution taking over by issuing more stocks and giving them to themselves. The intent is to make the hostile takeover prohibitively expensive for the party taking over. Dead hand poison pills are controversial and have been challenged in some jurisdictions.

dead hand poison pill

A special type of poison pill antitakeover defense in which only ousted directors can rescind the poison pill. Poison pill plans are put in place in order to make a hostile takeover prohibitively expensive by issuing a huge number of new shares.

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Flip-Over Pill			The letter further urges withholding on the directors for their failure to remove a dead-hand poison pill, overcompensation and unreported ties to the CEO and his family. Second Top Proxy Voting Firm Backs UNITE HERE's call for Corporate ... by Business Wire CREF also filed two resolutions on the dead-hand poison pill, both at companies that had been approached previously but had not yet removed the dead-hand language. TIAA-CREF Announces U.S. Shareholder Initiatives for 2002 On Stock ... by PR Newswire ISS recommended shareholders "WITHHOLD from current board members for failure to remove a dead-hand poison pill. Top Proxy Voting Firm Backs UNITE HERE's call for Corporate ... by Business Wire			Days in receivables Days Payable Outstanding Days to Cover Days' Sales in Inventory Ratio Days' Sales Outstanding DBH Dc DCF DCR DDA DDM DE de facto de minimis PUD de minimis settlement De-Horse De-Merger Dead Account Dead Assets Dead Cat Bounce Dead Hand Poison Pill dead load dead man's statute Dead Presidents Dead-End Job Dead-Hand Poison Pill Deadbeat Deadhead Deadline Deadweight Loss Deal Flow Deal Stock dealer Dealer Bank Dealer Loan Dealer Market Dealer Option Dealer Options Dealer Paper dealer status Dealer's Spread Dealing Desk Dear Money Death Benefit Death Cross Death play Death Put Death Spiral Death Spiral Convertible Death Tax Death Valley Curve			dead-burnt gypsum dead-cat bounce dead-center position dead-end dead-end dead-end dead-end anchorage dead-end effect dead-end host dead-end host dead-end host dead-end host Dead-End Job Dead-End Jobs dead-end street dead-end switch Dead-end tower dead-ended dead-ended dead-ended dead-ending dead-ending dead-ending dead-ends dead-ends dead-ends Dead-eye Dead-eye Dead-flesh keyboard dead-front Dead-Hand Poison Pill Dead-Hand Poison Pills Dead-hearted dead-heat dead-heat dead-heat dead-heated dead-heated dead-heated dead-heating dead-heating dead-heating dead-heats dead-heats dead-heats dead-leg dead-leg dead-legged dead-legged dead-legging dead-legging dead-legs dead-legs Dead-Letter Box Dead-letter office dead-man's float Dead-man's hand dead-man's-fingers dead-men's-fingers dead-nettle dead-nettle

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Dead Hand Poison Pill (redirected from Dead-Hand Poison Pill)

Dead Hand Poison Pill
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