Replies to post #22202 on Titan Medical Inc (TMDIF)

[JUrology]

I understand it to be a way of preventing a hostile takeover that would end up being against the interest of shareholders. For instance if someone acquired 51% stake in order to take over a company, the remaining 49% would be be offered new shares at a "discounted" rate that would essentially dilute out the hostile entity(since they would not be offered additional discounted shares) and make the economics not in their favor? I'd like a true business perspective too.

[bet kids tuition]

It seems positive to protect is, but after reading this I am not sure. Any way this could cause a sell off on Monday?