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May 13, 2020

Picking the Right Poison Pill: Strategies for Preventing Opportunistic Stock Sweeps and Preserving Value

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MAY 13, 2020 

PICKING THE RIGHT POISON PILL: STRATEGIES FOR PREVENTING OPPORTUNISTIC STOCK SWEEPS AND PRESERVING VALUE

 Webcast

Market volatility has been a contributing factor in the recent uptick of the adoption of Poison Pills. Some companies have implemented traditional Poison Pills to deter opportunistic stock sweeps, while others have considered implementing Poison Pills to preserve valuable tax assets (such as net operating losses).  On May 13, 2020, partners George Casey (New York-Mergers & Acquisitions), Jay M. Singer (Washington, D.C.-Tax) and Roger Morscheiser (New York-Mergers & Acquisitions) discussed both types of Poison Pills and when companies can utilize these defensive strategies. Topics covered included:

  • How current market conditions can entice activist shareholders and opportunistic buyers
  • The risks associated with unanticipated acquisitions of large amounts of company stock
  • A discussion of traditional Poison Pill and tax Poison Pill mechanics – and how to decide which is best for your situation

 

If you have any questions regarding the materials, please do not hesitate to contact the presenters. For further information, please listen to "Picking the Right Poison Pill: Strategies for Preventing Opportunistic Stock Sweeps and Preserving Value."

Authors and Contributors

George Casey

Partner

Mergers & Acquisitions

+1 212 848 8787

+1 212 848 8787

New York

Jay M. Singer

Partner

Tax

+1 202 508 8117

+1 202 508 8117

Washington DC

Roger Morscheiser

Partner

Mergers & Acquisitions

+1 212 848 7422

+1 212 848 7422

New York