InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,347.89
(
-0.09%
)
US TECH 100
18,612.00
(
0.42%
)
Dow Jones
38,854.03
(
-0.08%
)
Brent Oil
79.54
(
-0.43%
)
Bitcoin
69,271.65
(
-2.11%
)
Post# of 19309
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 831
Posts 119786
Boards Moderated 17
Alias Born 09/05/2002

DewDiligence

Member Level

Re: croumagnon post# 6416

Tuesday, 12/18/2007 12:48:40 AM

Tuesday, December 18, 2007 12:48:40 AM

Post# of 19309
>I assume that the poison pill provides management with huge stock voting shares to stop the takeover…<

The poison pill provides all shareholders except the prospective acquirer with additional shares, diluting the prospective acquirer’s equity stake to the point where a hostile takeover becomes untenable.

Moreover, a lot of the value of GTC is tied up in its know-how and human capital, and any company attempting a hostile takeover would be risking the loss of these assets.

In short, a hostile takeover is way, way down on my list of concerns as a GTC shareholder. It’s so far down on the list I don’t think it’s worth talking about unless someone like you brings it up.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up