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‘Poison Bill’, which was seen in the news, is associated with which field?
- a)Pharmaceutical Industry
- b)Food Safety
- c)Acquisition of Company
- d)Virology
Correct answer is option 'C'. Can you explain this answer?
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‘Poison Bill’, which was seen in the news, is associated w...
In the field of finance related to merger and acquisition, limited-duration shareholder rights plan is also known as a “Poison pill”.
Recently, in response to Elon Musk’s take-over bid, Twitter has adopted “poison pill”, which allows existing shareholders to purchase freshly issued shares in a company at a discount to the trading price. This will in turn make buyout plan extremely expensive and complicated.
Recently, in response to Elon Musk’s take-over bid, Twitter has adopted “poison pill”, which allows existing shareholders to purchase freshly issued shares in a company at a discount to the trading price. This will in turn make buyout plan extremely expensive and complicated.
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‘Poison Bill’, which was seen in the news, is associated with which field?a)Pharmaceutical Industryb)Food Safetyc)Acquisition of Companyd)VirologyCorrect answer is option 'C'. Can you explain this answer?
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