问题标题:
英语翻译注:PoisonPill(毒丸计划)=反兼并与反收购策略Poisonpillstodaythusservetheirpurpose:tobuytimeforaboardtoconsideralternativesandensurethatafullpremiumisachieved.Thestaggeredboardisstillsuspect,
问题描述:
英语翻译
注:PoisonPill(毒丸计划)=反兼并与反收购策略
Poisonpillstodaythusservetheirpurpose:tobuytimeforaboardtoconsideralternativesandensurethatafullpremiumisachieved.Thestaggeredboardisstillsuspect,buteventheretherecentexampleshaveshownthedefensecanbecircumvented—thoughatconsiderablecost.
Theissueisforthecourtstovigorouslymonitorthesedevicestoensurethattheydonotmorphintosomethingmorepernicious.Intoday'smarket,poisonpillsdohavevalue,buttheyarenotlikelytopreventahostilebidfromsucceeding.
–StevenM.Davidoff
刘俊民回答:
今天,毒丸计划就这样达到了其目的:为董事会考虑其它方案赢得时间,并确保其利益最大化.摇摆不定的董事会仍然在怀疑,但即使这样,最近的这个例子也已表明防守可以被绕过——即使代价高昂.
这件事可供法庭去积极地监控这些策略,以确保它们不会变得更有危害.在当今的市场上,毒丸计划确有其价值,但它不太可能阻止敌意收购取得成功.
——StevenM.Davidoff(人名:斯蒂文·M·大卫杜夫)
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