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(Daily Finance)   Netflix creates poison pill to fend off Icahn takeover, boosts alchemy two levels   ( dailyfinance.com) divider line
    More: Interesting, Carl Icahn, Motley Fool, activist investors, acquirers, digital TVs, poison pill, Netflix  
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4610 clicks; posted to Business » on 05 Nov 2012 at 2:17 PM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-11-05 02:56:06 PM  
1 vote:

RexTalionis: Vegan Meat Popsicle: RexTalionis: Wouldn't that also devalue the stock for every other investor out there as well?

Not necessarily. The trick is that current investors get to buy stocks at a discount which not only screws Icahen, but it can help absorb a good chunk of that devaluation. Icahn is the only one in this scenario guaranteed to get screwed. However, yes, anybody else currently holding stock might take it in the ass with him.

So, it only screws over the people who might hold onto stocks for the long term in their personal portfolios or IRAs or 401Ks, rather than the active traders who make a living analyzing stock.

Short term. Assuming the new "Netflix, an Amazon company, built by Oracle, powered by Intel (brought to you by Carl's Jr)" survives such a deal, wouldn't the Free Market (blessings upon 't) shower the new division of a huge company with unparalleled growth?
2012-11-05 02:45:44 PM  
1 vote:

jvl: RexTalionis: Wouldn't that also devalue the stock for every other investor out there as well?

Hence the name "poison pill"

I guess "f*ck you clause" doesn't sound as catchy.
2012-11-05 02:40:57 PM  
1 vote:
moviesmedia.ign.comView Full Size

/hot like the fire, so delightful
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