Defense against a hostile acquisition which enacted by the board of directors provides shareholder the right to purchase common shares at a nominal cost upon the occurrence of a triggering event such as the acquisition of more than 10% of the company’s shares by a single party, partnership, or group.
Category: Glossary
About the Author: Hello, I'm Will Dearman. I'm a data-focused consultant, aspiring strategist, and dad. I love experiments, big data, bigger ideas, adventures, and solving problems. I'm an INTJ. Find me on Twitter or Google+ If you liked this post, please subscribe to this blog.
| Hello, I'm Will Dearman. I'm a data-focused consultant at a global bank, aspiring strategist, and dad. I love experiments, big data, bigger ideas, adventures, and solving problems. |  |