- anti- + takeover (Wiktionary)
“One major wild card in a possible deal is activist investor Ronald Burkle , who has a 19.74% stake, just below the 20% threshold at which Barnes & Noble's "poison pill" antitakeover provision kicks in.”
“The company recently adopted a poison-pill antitakeover provision, and Mr. Biglari launched a proxy fight to get himself elected to the board.”
“Mr. Icahn said the offer is conditioned on completion of due diligence, and the waiver of antitakeover devices, such as the poison pill.”
“Corp. shares, reigniting a hostile takeover campaign despite the company's effort to deter him with a "poison pill" antitakeover provision.”
“Testifying in a lawsuit in which billionaire Ron Burkle is challenging the antitakeover measure, Barnes & Noble board member Michael Del Giudice said that if investors holding more than 20 percent of the book seller's shares simply agree to vote against the poison pill, that itself would trigger the pill.”
“Mr. Burkle sought to add to his stake without triggering the "poison pill" antitakeover plan but Barnes”
“Inc., saying the bookseller's shareholder-rights plan creates a "slanted playing field" in favor of the controlling Riggio family. saying the bookseller's antitakeover shareholder-rights plan is unfair and directors have breached fiduciary duties.”
“A deal could snag on government opposition or a "poison pill" antitakeover measure.”
“ Noble has been feeling pressure from activist investor Ronald Burkle, who in February objected to the board's rejection of his request to acquire 37% of the bookseller's common stock without triggering a "poison pill" antitakeover provision.”
“Mr. Burkle earlier this month put forward three director nominees for the largest bookstore chain in the U.S., including himself, and asked that shareholders amend the company's "poison pill" antitakeover provision, which has thwarted his efforts to build his stake beyond the current 19%.”
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