1. A Court Battle Raises The Question - How Far Will Japan Swallow Poison Pills?

    A Court Battle Raises The Question - How Far Will Japan Swallow Poison Pills?

    TOKYO, Oct 21 (Reuters) - The fate of future hostile takeover bids in Japan could rest on an upcoming court ruling that will decide whether the country's top maker of newspaper printing presses can move forward with a poison pill against an unwelcome shareholder...

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    1. If a target company can select who is allowed to vote on a poison pill, it will come up with all kinds of excuses to create a list of eligible shareholders who have the best chance of passing the pill.
    2. Right now, officials at companies are scratching their heads over what's allowed or not.
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