A flat prohibition on unfriendly takeovers
has a kind of appeal.
However, the Service has announced that it will apply the INDOPCO decision to both friendly and unfriendly takeovers
Technology companies are no longer immune to unfriendly takeover
attempts during downturns in their stock price.
President Kerry Sully stated, "We consider Crestar's offer to be an unfriendly takeover
bid an we will take all steps necessary to protect our shareholders.
Zucaro, the chairman of the board and chief executive officer of Old Republic, said, "The amended rights plan, like the original plan, is designed to enhance the company's bargaining position on behalf of its shareholders in the event that an unfriendly takeover
were to emerge in the future.
00 per share at the time of an unfriendly takeover
, each Right would then be exercisable at $15.
This rights agreement is intended to protect our shareholders should AVECOR become the target of hostile or unfriendly takeover
tactics," said Anthony Badolato, chief executive officer.
This rights agreement is intended to protect our shareholders should Bio-Vascular become the target of hostile or unfriendly takeover
tactics," said John T.
This Rights Plan is intended to protect our shareholders should Angeion become the target of hostile or unfriendly takeover
tactics," said Whitney A.
Boone Pickens from an unfriendly takeover
The Company is unaware of any action suggesting an unfriendly takeover
Stressing the need for strength in unity, Kourpias warned them that, "In this turbulent industry, employees must arm themselves to prepare for an unfriendly takeover
, or the need to initiate an employee buyout.