March Sets Up Poison Pill, Impact on Future Acquistion

Author: John Honovich, Published on Jul 26, 2010

March Networks has set up a "Shareholder's Rights Plan," more commonly referred to as a "Poison Pill." Such plans/pills can provide protection or negotiation advantages if or when an acquisition occurs.

According to March, the plan "provide the board of directors of March Networks and the shareholders more time to consider fully any unsolicited take-over bid for the Corporation.  It will also allow more time for the board of directors to pursue other alternatives to maximize shareholder value, if appropriate."

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