News Focus
News Focus
icon url

Gben1938

04/26/03 9:46 AM

#21060 RE: Learning2vest #21054

Learning..
Thanks for your comment. Also, from Nokia's point of view, the long-term appreciation in value from taking a 2-3 million share stake in IDCC now (before their accrued royalties are paid and announced) would make their royalty payments to IDCC a bit less painful.
icon url

redhot

04/26/03 12:42 PM

#21071 RE: Learning2vest #21054

L2V-a TAKEOVER is HOSTILE only when MANAGEMENT does not want it, even if it is FRIENDLY to majority of shareholders.
The so-called 'poison pill' is a MANAGEMENT tool to discourage a takeover that management does not want, regardless of any shareholder interest.
A 'poison pill' is by-passed when a buyer solicits shares directly from the shareowners without the blessing of management. So there is little buyout-protection if the offer is attractive to shareholders...and management frequently are minority shareowners, and some officers may own no shares. redhot