alleryStart learning →The poison pill was devised by lawyer
AMartin Lipton
BCarl Icahn
CT. Boone Pickens
DJames Goldsmith
Answer & Solution
Correct answer: A. Martin Lipton
Martin Lipton of Wachtell, Lipton, Rosen and Katz invented it in 1982 to counter tender-based hostile takeovers.
Keep practising Mergers Acquisitions and Corporate Restructuring
Browse all Mergers Acquisitions and Corporate Restructuring questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
In a management buy-in (MBI), the shares are bought bySenior LBO debt is secured and carriesWhich target suits an LBO best?Debt is cheaper than equity in an LBO since interestIn a leveraged buyout, the target's assets often serve asWhich US law requires shareholder votes on future golden parachutes?A golden parachute pays an executive onA gray knight is a bidder seen as