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Who’s in charge here? By: Charles Whipple
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Why Companies Swallow Poison Pills

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In February of 2019, the international business community was abuzz after biopharmaceutical company Sinovac made a rare and bold power play. In response to a perceived threat to its board of directors, the company activated a shareholder rights plan to reissue more than twenty-five million new shares to certain shareholders, which would give them greater control of the company, but simultaneously reduce their value substantially...

Mentions: Poison Pill Shareholder Rights Plan Sinovac