3 ms·
The article doesn't mention what the potential "poison pill" would be. Is this something the board or executive of the company would do? If that's the case th
by mikece 5y ago
The article doesn't mention what the potential "poison pill" would be. Is this something the board or executive of the company would do? If that's the case then that could bring on an avalanche of shareholder lawsuits. The executives and board of a publicly traded company have a fiduciary duty which precludes telling someone like Elon that his money is no good to attempt a take-over. This could get very entertaining and very litigious in short order.
- T-A 5y agoHow about a flip-in? https://www.investopedia.com/terms/f/flip-in-poison-pill.asp https://www.investopedia.com/terms/f/flip-in-poison-pill.asp