Tag: Activism

Activists and the Poison Pill

In re Third Point LLC v. Ruprecht, et al. (Del. Ch. May 2, 2014). In the much anticipated review of Sotheby’s two-tiered stockholder rights plan adopted in response to Third Point’s activist campaign and proxy contest, the Delaware Court of Chancery held that the Sotheby’s board did not breach its […]

Cooley / June 2, 2014

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Tag: Activism

Activists and the Poison Pill