Lobster Trap
A plan by a company fending off a hostile takeover where the company prevents anyone with more than 10% ownership from changing their convertible securities into voting shares.
CATEGORIES ...
Lobster Trap
A strategy used by a target firm to prevent a hostile takeover. In a lobster trap, the company passes a provision preventing anyone with more than 10% ownership from converting convertible securities into voting stock.
Lockdown ...
Lobster Trapping for Investment Ideas
by Kemberly Wardlaw
Correlations exist between the lobster trapping industry and investor strategies. Investors can learn volumes from the hard working men and women of the Northeast.
Examples of strategy implementation by third parties are poison pills, people pills, white knights, white squires, Pac-Man defense, lobster traps, sandbagging, whitemail, and greenmail.
See also ...
 See also: Investment, Strategy, Share, Cours, Rate
  
|
RSS
