Content about Poison pill

August 22, 2012
Wet Seal hires financial advisors; adopts poison pill

The Wet Seal said it has hired financial advisors and adopted a poison pill that discourages an investor from acquiring 10% of the company.

July 6, 2012
Christopher & Banks rejects buyout offer from Aria Partners; adopts poison pill

Christopher & Banks Corp. has rejected Aria Partners’ unsolicited $64 million takeover offer, saying it was not in the best interest of stockholders.

August 2, 2011
Talbots adopts poison pill on word of looming buyout

The Talbots said on Tuesday that its board of directors has adopted a shareholder rights plan -- or a poison pill -- to protect its stockholders after a private equity firm disclosed it had acquired a sizeable stake in the company.

March 4, 2011
Delaware Supreme Court rejects Burkle’s appeal in Barnes & Noble suit

The Delaware Supreme Court has rejected an appeal by billionaire Ron Burkle in a lawsuit challenging a poison pill plan adopted by Barnes & Noble after he doubled his stake in the company.

March 3, 2011
Family Dollar rejects takeover bid

Family Dollar Stores on Thursday said its board rejected a takeover bid by an activist investor, saying it "substantially undervalues the company."

November 17, 2010
Barnes & Noble shareholders approve ‘poison pill’

Barnes & Noble's shareholders on Wednesday ratified a shareholder rights plan that prevents an outside investor from acquiring 20% or more of the company's shares without board approval.

October 20, 2010
Della Valle increases stake in Saks

A report released Thursday by the Financial Times said that Diego Della Valle, the Italian...

October 19, 2010
Barnes & Noble chairman agrees to obtain board consent before making a bid

Leonard Riggio, the chairman of bookseller Barnes & Noble, said he won't form a group...

October 18, 2010
J.C. Penney adopts poison pill

J.C. Penney adopted a shareholder rights plan

October 17, 2010
J.C. Penney adopts poison pill

J.C. Penney said Monday that it has adopted a shareholder rights plan, or so-called poison...

September 19, 2010
Advisor backs Burkle nominees in Barnes & Noble proxy fight

Proxy-advisory firm Institutional Shareholders Services (ISS) said it has recommended that Barnes & Noble shareholders...

September 1, 2010
Burkle files appeal in Barnes & Noble poison pill ruling

Billionaire investor Ron Burkle’s Yucaipa Cos. plans to appeal a Delaware court ruling that upheld...

August 12, 2010
Burkle launches proxy fight

The battle to control Barnes & Noble is officially on....

August 11, 2010
Barnes & Noble unable to reach settlement with Burkle

Barnes & Noble said Thursday it has not reached a settlement with billionaire investor Ron...

August 3, 2010
Barnes & Noble on the block

Barnes & Noble said it is exploring strategic alternatives, including putting itself up for sale....

July 21, 2010
Judge considers arguments in Barnes & Noble fight

An attorney for billionaire Ron Burkle said a poison pill plan adopted by Barnes &...

July 12, 2010
Update: Barnes & Noble director defends poison pill

Barnes & Noble board member Michael Del Giudice suggested in his testimony Tuesday that shareholders...

July 11, 2010
Barnes & Noble chairman testifies in poison pill case

The chairman of Barnes & Noble Inc., Leonard Riggio, testified Friday that the poison pill...

May 5, 2010
Ron Burkle’s Yucaipa Cos. files complaint against Barnes & Noble

Los Angeles billionaire and business mogul Ron Burkle's Yucaipa Cos. has filed a complaint in...

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