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After the takeover is complete, the targets's shares are absorbed into the acquiring company's shares. Based on the agreement, the target's shareholders can take cash or shares in the new company.
CNet Networks Inc. has adopted a poison pill against “coercive takeover tactics,” in a clear bid to block a group of investors led by activist hedge fund Jana Partners from gaining seats on ...
Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO’s next move.
Twitter's board has resisted Musk's proposed takeover, devising a "poison pill" defense which the board said would "protect stockholders from coercive or otherwise unfair takeover tactics." ...
ZURICH (Reuters) - Alcon's independent directors have criticized a takeover bid from Novartis, saying the Swiss drugmaker is trying to circumvent protections for minority shareholders. Novartis ...