RichardJensen Posted September 15, 2009 Share Posted September 15, 2009 http://media.ford.com/article_display.cfm?article_id=30971 This is being portrayed as a means of protecting tax assets, but it also appears to be a means of preventing a hostile takeover attempt. Anyone with better understanding of these matters care to comment? Ralph & Wescoent, I'm looking in your general direction..... Quote Link to comment Share on other sites More sharing options...
J-150 Posted September 15, 2009 Share Posted September 15, 2009 This is being portrayed as a means of protecting tax assets, but it also appears to be a means of preventing a hostile takeover attempt. sounds like a typical poison pill. any significant stock purchase by a 3rd party results in an immediate stock issuance. I recall Time Warner having a similar setup for many years prior to the merger with AOL. allows for mergers and friendly takeovers, but extends a middle finger to the likes of Trancinda and other vultures. Quote Link to comment Share on other sites More sharing options...
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