>
> From:
> "P. J. Alling"
> Tjis action would seem to be the opposite of a poison pill.
>
> John Sessoms wrote:
>> From:
>> "P. J. Alling" Maybe Pentax is planning a private offer to Sparx at a 
>> the same or higher price than Hoya.  (Blackmail is such a dirty word).
>>     
> In corporate speak, it's called a poison pill ... taking on a load of 
> debt or some such other action that makes the corporation less 
> attractive as a buyout target. It's not intended to help the 
> stock-holders, it's intended to help the current management hang onto 
> their jobs.

Perhaps, although I was responding specifically to "Blackmail is such a 
dirty word".


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