Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Corporate Defense Strategy
|
| gptkbp:alsoKnownAs |
gptkb:Shareholder_Rights_Plan
|
| gptkbp:criticizedFor |
Entrenching Management
|
| gptkbp:effect |
Discourages Unwanted Bidders
Increases Negotiating Power of Board |
| https://www.w3.org/2000/01/rdf-schema#label |
Poison Pill Defense
|
| gptkbp:inventedBy |
gptkb:Martin_Lipton
|
| gptkbp:legalStatus |
Legal in United States
Restricted in Some Jurisdictions |
| gptkbp:mechanismOfAction |
Dilutes Shares
Triggers Rights for Existing Shareholders |
| gptkbp:notableCase |
Moran v. Household International
Versata Enterprises v. Selectica |
| gptkbp:notableUser |
gptkb:Netflix
gptkb:Yahoo! |
| gptkbp:originatedIn |
1980s
|
| gptkbp:purpose |
Prevent Hostile Takeover
|
| gptkbp:regulates |
gptkb:SEC
|
| gptkbp:relatedTo |
Corporate Governance
Mergers and Acquisitions |
| gptkbp:triggeredBy |
Acquisition of Certain Percentage of Shares
|
| gptkbp:type |
Back-End Rights Plan
Flip-In Flip-Over |
| gptkbp:usedBy |
gptkb:Public_Companies
|
| gptkbp:bfsParent |
gptkb:Tender_Offer
|
| gptkbp:bfsLayer |
7
|