Rights Agreement (aka "Poison Pill")

 

Home
Site Map
Add Term
Search
About Us
Contributors

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 Matches

Purchase agreement

Purchase agreement

Used in connection with project financing; an agreement to purchase a specific amount of project output per period.


Raw material supply agreement

Raw material supply agreement

As used in connection with project financing, an agreement to furnish a specified amount per period of a specified raw material.


Preferred stock agreement

Preferred stock agreement

A contract for preferred stock.


License agreement

License agreement

A contract by which a domestic company (the licensor) allows a foreign company (the licensee) to market its products in a foreign country in return for royalties, fees, or other forms of compensation.


Plan agreement

Plan agreement

A document detailing the terms and conditions of a retirement plan such as an IRA.


Further Suggestions

General Agreement on Tariffs and Trade
Subscription agreement
Revolving credit agreement
Agriculture Agreement
North American Free Trade Agreement (NAFTA)
ABC agreement
Association Agreement
Cash deficiency agreement
knock for knock agreement
Throughput agreement
Subordination Agreement
Canada-US Free Trade Agreement
Option agreement
Buttonwood Agreement
Smithsonian Agreement
Lending agreement
tenancy agreement
Reciprocal trade agreement
Forward rate agreement (FRA)
Europe Agreement
mortgage agreement in principle
Investment agreement
Commodity agreement
Tolling agreement
Note agreement


 
All rights Reserved. Do not copy without permission.