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Rights Agreement (aka "Poison Pill") |
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Rights Agreement (aka "Poison Pill")An anti-takeover arrangement often established by a company in anticipation of a hostile takeover attempt. The company appoints a Rights Agent who will issue Rights certificates to each shareholder at the time of the takeover attempt. The shareholder may then exercise these rights to receive additional shares of stock and/or debentures, making the target company more expensive to acquire as a result of the additional shares outstanding, or the additional debt.Rights Agreement (aka "Poison Pill") Similar MatchesSmithsonian AgreementSmithsonian AgreementA revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce. Lease purchase agreementLease purchase agreementAn agreement that allows for portions of lease payments to be used to purchase the leased property. Voluntary restraint agreementVoluntary restraint agreementSame as a VER. European Monetary AgreementEuropean Monetary AgreementAn intergovernmental organization administered by the OECD that facilitated settlement of balance of payments accounts among its member states from 1958 to 1972. It replaced the EPU, and its functions were taken over by the IMF in 1972. Subscription agreementSubscription agreementAn application reviewed by the general partner to join a limited partnership. Further SuggestionsAgreement in principleCartagena Agreement Europe Agreement Cofinancing agreements Bilateral agreement Investment agreement tenancy agreement Selected dealer agreement knock for knock agreement ABC agreement Canada-US Free Trade Agreement Preferred stock agreement Standby agreement Concession agreement Schengen Agreement Tax clawback agreement Subordination Agreement Revolving credit agreement Fiscal agency agreement TRIPs Agreement Forward rate agreement (FRA) General Agreement on Trade in Services Reciprocal trade agreement Multilateral agreement Agriculture Agreement |
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