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lcard044 lcard044
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4 months ago
What is the main difference between the U.S. and Canada in terms of the use of poison pills?

▸ In Canada, courts always dismiss the usage of poison pills.

▸ In the U.S., poison pills cannot be challenged in court.

▸ In Canada, poison pills are used to delay the acquisition in case of the existence of another bidder; they cannot be used to frustrate a bid the way they are in the U.S.

▸ In Canada, poison pills are illegal.
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Corporate Finance

Corporate Finance


Edition: 5th
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cheesoslimocheesoslimo
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4 months ago
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