Sina finally launched the "Poison" program. . . But I don't understand that I have completed the 19.5% equity acquisition as early as 3 days ago, and now Sina is starting so-called poison pills, is it just a countermeasure for appealing the original shareholders?
Interpretation of poison pill mechanism
In the anti-M & A strategy, the best defense is fully prepared beforehand, and "Poisonpills" (Poisonpills), often being translated as "poisonous meatballs", and the use of these tactics raises the purchase cost, and dilute the shares, there is It is conducive to prevent hostility to acquire, one of the most effective methods in the company's internal defense strategy, wide popular in the United States, with the plump of Internet companies, these companies have become the acquisition target for easy hunting, in order not to become those "old economy" The company's cystic factories, many Internet companies have recently adopted "poison pill" tactics, namely a "shareholder rights program", the purpose is to prevent hostile acquisitions.
