Post by
frewil11 on Apr 06, 2024 9:54am
MAYBE A POISON PILL SHOULD BE PUT INTO PLACE
Not sure if JM should have one of these. A company Shareholder Rights Plan (also known as a “Poison Pill”) is a corporate defense mechanism used to prevent a hostile takeover of a public company. The target corporation uses a Poison Pill in order to make its stock less attractive. Not all companies have a Poison Pill in place.