The VRX/Pershing hostile offer for AGN is getting more and more innovative. VRX/Pershing plan to convene a “mock” meeting of AGN shareholders to allow them to informally express an opinion on the merger offer. A mock shareholders meeting—as opposed to a real one—avoids triggering AGN’s poison pill, which would go into effect if Pershing were to formally join with other AGN shareholders in requesting a special meeting of AGN’s shareholders.
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