A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deepl

Question

Brrunno [24]

4 years ago

15

A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deepl

y discounted price once certain conditions are met is called a ________.

Business

1 answer:

Ksenya-84 [330] · Answer 1 · 2021-12-21T05:29:11+03:00

Answer:

Poison Pill

Explanation:

A poison pill is A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met. It is done to prevent from any acquisition or takeover on the company.