Poison Pills: Defending Against Takeovers/Stockholder Activism and Protecting NOLs | Practical Law

Poison Pills: Defending Against Takeovers/Stockholder Activism and Protecting NOLs | Practical Law

This Practice Note highlights how poison pills work, different state law approaches, and different board and stockholder considerations, including what should trigger the pill, proxy advisory firm recommendations, and different justifications for adopting the pill.

Poison Pills: Defending Against Takeovers/Stockholder Activism and Protecting NOLs

Practical Law Practice Note 3-386-0340 (Approx. 25 pages)

Poison Pills: Defending Against Takeovers/Stockholder Activism and Protecting NOLs

by Practical Law Corporate & Securities
MaintainedExpandDelaware, New York, Pennsylvania...USA (National/Federal), Virginia
This Practice Note highlights how poison pills work, different state law approaches, and different board and stockholder considerations, including what should trigger the pill, proxy advisory firm recommendations, and different justifications for adopting the pill.