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Unformatted text preview: Our text gives an example from 1988 of a buyout of RJR Nabisco. It describes a super poison put as enabling bondholders to put a bond back to the issuer at par when event risk occurs as there is a merger or a takeover. This implies the same thing that the articles summed up as protecting the shareholders rights. Source: http://www.referenceforbusiness.com/management/Or-Pr/Poison-Pill-Strategies.html...
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- Spring '10