2 ms·
Japanese public companies have been known to do a “poison pill” strategy to avoid foreign takeovers. https://en.m.wikipedia.org/wiki/SCOJ_2007_No.30 https://en
by wodenokoto 6y ago
Japanese public companies have been known to do a “poison pill” strategy to avoid foreign takeovers.
https://en.m.wikipedia.org/wiki/SCOJ_2007_No.30 https://en.m.wikipedia.org/wiki/SCOJ_2007_No.30
- rawgabbit 6y agoThe wiki article seems like a reasonable defense to prevent corporate raiders from taking over and loading it up with debt while walking away with a fortune for basically crippling a once successful company. See KKR's takeover of TXU electric.