Hostile Bids...means by which the target company can reduce its attractiveness

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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mustangman

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Hostile Bids...means by which the target company can reduce its attractiveness

posted on Oct 20, 2008 07:20PM

shark repellant

Definition

Measure(s) taken by the target of a hostile takeover to make itself a less attractive prey. See crown jewel defense, flip in right, leveraged capitalization, poison pill, and scorched earth policy. Also called porcupine provision.

Poison Pill

Definition

Any tactic by a company designed to avoid a hostile takeover. One example is the issuance of preferred stock that gives shareholders the right to redeem their shares at a premium after the takeover.

This content can be found on the following page:

http://www.investorwords.com/3727/po...

These are terms used during Proxy Fights. Just to keep everyone up to date on tactics that have been used by companies under attack during hostile takeovers. This may not ever occur during our proxy battle.