3 ms·

So does this mean that companies could possess toxic poison pill assets that make it illegal for anyone to buy the company? That seems wrong. Maybe a nice way t

• Qwertystop 7y ago
  Only if they could somehow gain access to things which are illegal to buy, without buying them. So even if this works, that would mean the only companies that could use that to prevent hostile takeovers are the ones where someone involved in the company happens to already own an unsellable thing by grandfather clause.