Lobster Trap


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Lobster Trap

An antitakeover strategy in which a publicly-traded company prohibits some convertible security holders from voting in the event that they exercise the conversion option. Specifically, if a single shareholder has more than 10% of the company's equity in convertible securities of any kind, that shareholder will be disallowed from converting their securities into voting stock. The conversion option may still allow the holder to own and have all other rights associated with common stock, but voting is not permitted. A lobster trap must be incorporated into the company's charter.
References in periodicals archive ?
Oxnard's Lobster Trap in the Channel Islands Harbor area won firsts in showmanship, decor and originality and a second in taste in the recent Maritime Days Chowder Cook-Off.
They include a bag of gold, a crocodile foot, a stolen suitcase that was soon reunited with its owners, and lobster trap tags from Newfoundland, off the east coast of Canada.
created Aquamesh, a first of its kind marine-grade welded wire mesh fabric designed specifically to create a more durable lobster trap for New England lobstermen.
Easy combined line / lobster trap tails with quick connectors for easy installation on stb number
Spatial and temporal patterns of lobster trap fishing: a survey of fishing effort and habitat structure.
THIS is some lobster trap the SNP leadership are creating for themselves on independence.
The dolphins have found unexpected things in the past, including a mine-shaped lobster trap during a mission off Canada with the Canadian navy.
Bottles (n = 630) and dishes (n = 420) were added to rigid nursery cages constructed of traditional vinyl-coated lobster trap wire and deployed in July 2002 ca.
More than 3 million lobster trap tags were issued in the State of Maine in 2009 (Maine Department of Marine Resources 2010).