On 11/05/07, John Sessoms <[EMAIL PROTECTED]> wrote: > 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.
I seem to recall that I read that they have a poison pill option to create new shares, this of course dilutes the value of pre-existing shares but obviously is very dangerous to implement given the likely response from existing shareholders and the market. -- Rob Studdert HURSTVILLE AUSTRALIA Tel +61-2-9554-4110 UTC(GMT) +10 Hours [EMAIL PROTECTED] http://picasaweb.google.com/distudio/PESO http://home.swiftdsl.com.au/~distudio//publications/ Pentax user since 1986, PDMLer since 1998 -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
