18:53
@texaslawhopefully: looking back, the Rs were freaking out saying Biden was going to end the country, and the Ds were freaking out during DJTs 1st term. Neither did exceptionally bad or good, IMHO. At the end of the day, the rest of the GOV (Judaical and Congress) really put a damper on grandiose executive plans. Finally, we all know Donnie is a talker: he anchors (ie tarrifs), he talks shit, he says he will do X and never does. news eats that shit up, but I think most will not ever come to pass
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LSDefine
Simple English definitions for legal terms
transactional takeover defense
Read a random definition: Family and Medical Leave Act (FMLA)
A quick definition of transactional takeover defense:
Transactional takeover defense is a strategy used by companies to make it harder for someone to take over their business. This can be done by making changes to the company's finances or operations, such as increasing the price of their shares or buying expensive assets. These changes are designed to discourage potential buyers and protect the company from being taken over without their consent.
A more thorough explanation:
Transactional takeover defense is a strategy used by corporations to prevent hostile takeover attempts. It involves financial or operational transactions that make it more difficult for a potential bidder to acquire the company. This can be done by raising the company's share price, paying off the bidder, or reducing their potential profit.
- Issuing new shares of stock: By increasing the number of shares available, the company can dilute the bidder's ownership and make it more expensive for them to acquire a controlling stake.
- Acquiring expensive assets: The company can use its cash reserves to purchase assets that are not essential to its operations but would be costly for a potential bidder to acquire.
- Poison pill defense: This involves creating a financial instrument, such as stock options or convertible bonds, that would become very expensive for the bidder to exercise if they were to acquire a controlling stake in the company.
These examples illustrate how a company can use financial and operational transactions to make it more difficult for a potential bidder to acquire the company. By raising the cost of acquisition, the company can discourage hostile takeover attempts and maintain control over its operations.