Memorandum to Board: Considerations When Adopting a Poison Pill in Response to Shareholder Activism | Practical Law

Memorandum to Board: Considerations When Adopting a Poison Pill in Response to Shareholder Activism | Practical Law

A form of memorandum to be delivered to a public company's board of directors explaining the considerations it should evaluate when deciding whether to adopt a poison pill to ward off shareholder activists.

Memorandum to Board: Considerations When Adopting a Poison Pill in Response to Shareholder Activism

by Francis J. Aquila, Sullivan & Cromwell LLP, with Practical Law Corporate & Securities
Law stated as of 14 Mar 2020 • Delaware, USA (National/Federal)
A form of memorandum to be delivered to a public company's board of directors explaining the considerations it should evaluate when deciding whether to adopt a poison pill to ward off shareholder activists.