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Do poison pills work? A look at Twitter’s anti-takeover tool
Takeovers are usually friendly affairs. Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. After some negotiating, the companies engaged […]
Safeway adopts poison pill after big stock buys
NEW YORK — Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an unknown investor. The announcement Tuesday sent shares […]
J.C. Penney adopts ‘poison pill’
PLANO, Texas — Struggling retailer J.C. Penney is adopting a plan to prevent a takeover attempt just two days after reporting its sixth straight quarter of big losses and steep […]
Netflix moves to block a hostile takeover
NEW YORK — Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the […]
Hertz buying Dollar Thrifty for about $2.3B
NEW YORK — Hertz is one step closer to its long-awaited prize. More than two years after its original bid, it agreed Sunday to buy Dollar Thrifty Automotive Group Inc. […]
GlaxoSmithKline wins takeover bid for Human Genome
U.K. drug maker GlaxoSmithKline has secured its takeover of longtime partner Human Genome Sciences after agreeing to pay more, a move to expand GSK’s drug portfolio in crucial areas: biologic […]
Human Genome adopts ‘poison pill’ measure
ROCKVILLE — Biotech drugmaker Human Genome Sciences Inc.’s board has adopted a “poison pill” shareholder rights plan to ward off unsolicited takeover bids, and it also has rejected a buyout […]
