...POISON PILL STRATEGIES Poison pill strategies are defensive tactics that allow companies to thwart hostile takeover bids from other companies. Many companies may find themselves unprepared when facing such bids. By adopting a poison pill strategy, a company can be somewhat reassured that acquiring companies will approach its board of directors, not the shareholders. Poison pill strategies are also known as shareholders' protection rights plans. HISTORY During the late 1950s and early 1960s, several large corporations began acquiring other companies to diversify their operations. Diversification allowed them to offset their losses in a failing industry with profits from other unrelated, successful industries. Such phenomena caused concerns about the potential of conglomerates to concentrate excessive economic power in the hands of a few corporations. This led to the passage of the Williams Act in 1968, which required the acquiring company to fully disclose the terms of an impending acquisition and to allow a period for competing offers for the target company to be made. By the late 1970s, the pace of acquisition nearly came to a halt. In 1982, however, the U.S. Supreme Court passed a landmark ruling in the case of Edgar v. MITE Corp. that invalidated the basis for anti-takeover laws in thirty-seven states. Furthermore, under the Reagan administration, the U.S. Department of Justice followed a lax policy towards enforcing anti-takeover laws. No longer able to shelter themselves...
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...[1] Please descirbe the purpose of First-Generation Poison Pills; Second- Generation Poision Pills and Third Gereration Posion Pills. [2] Impact of Poision Pills on Stock Prices. [3] List the Preliminary Takeover Steps: a) Bidding Strategies b) Casual Pass c) Bear Hugs [4] What is Tender Offers Throughout the years many acquisitions have been hostile, which has led to companies to creative preventative and defensive takeover methods. Preventative is used as a way to reduce the likelihood of a takeover, and defensive measure (active measures) are used afer a hostile bid has been issued. Keeping the company successful with shares at a high cost prevents short-term gain takeover. There are two hypothesis that explain the impact on management and stockholders during a hostile takeover. Management Entrnechment hypothesis states that nonparticipating stockholders experience a reduction in wealth when management tries to stop a takeover, where Shareholders interests hypotheiss states that stockholders’ wealth rises when management prevent takeover. Companies today monitor it’s shareholders and the percentage that they own as a way to foresee a potential hostile takeover. Many companies even sell and provide their employees with shares because they are more likely to oppose a takeover, whereas an investor shareholder will more likely to favor a takeover. When an increase of trading occurs, the company gets a clue...
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...the pleasures of intercourse without the repercussions of having a child. The birth control (BC) pill, an important form of contraceptive, deserves to be in next year’s global science and technology exhibition at the Canadian Museum of History. The Canadian Museum of History, formerly known as the Canadian Museum of Civilization, has many exhibitions that showcase important items that have changed the thought and progression of mankind. Their mandate includes the Canadian Museum of History Act, which states that the museum is to “enhance Canadian’s knowledge, understanding, and appreciation...
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...many forms, pills, condoms or injections. One birth control pill is known as Yaz (drospirenone/ethinyl estradiol tablets). It is a popular pill, nearly as 100+ million women been asking it since, 2006. It was made by Bayer, and became popular through its commercial ads. The cost of Yaz us reasonably a fair price, $20-$50. Yaz also cause changes in your cervical and uterine lining, making it harder for sperm to reach the uterus and harder for a fertilized egg to attach to the uterus. Yaz is one of the most trust worthy birth control pill there is out there. When it comes to pill, the active ingredient is water, so it could disperse and enter the blood stream. With every positive, not becoming pregnant, there is always a negative. In this case they are side effects. These include sudden numbness or weakness, especially on one side of the body; * sudden and severe headache, confusion, problems with vision, speech, or balance; * chest pain or heavy feeling, pain spreading to the arm or shoulder, nausea, sweating, general ill feeling; * sudden cough, wheezing, rapid breathing, coughing up blood; * pain, swelling, warmth, or redness in one or both legs; * a change in the pattern or severity of migraine headaches; * nausea, upper stomach pain, itching, loss of appetite * swelling in your hands, ankles, or feet; * a breast lump; symptoms of depression Yaz isn’t just for everyone, it is prescribed by the doctor, like most birth control pills are.”Yaz contraceptive...
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...Another sort of scanner tag could be basically incorporated with a pill or other item, as opposed to simply slapped on the bundling. A group of specialists revealed the new innovation this week at the British Science Festival in Bradford, UK. Scientists from the University of Bradford and Sofmat, a hostile to extortion innovation organization, added to a framework to add infinitesimal spaces to the surface of an item. Little sticks are set to diverse statures, every encoding a letter or digit. The pins can either be inserted in the mold an item is produced using or stamped on a short time later. The subsequent code is verging on imperceptible, and excessively modest, making it impossible to feel. Be that as it may, a speedy laser sweep could demonstrate an item’s inception, which the specialists say could track and check items to battle fakes. The yearly worldwide estimation of fake merchandise has been anticipated to be more than $1.5 trillion by the International Chamber of Commerce. Fake hardware are an issue, and fake prescription can be absolute risky, containing the wrong dosage or no dynamic fixing by any means. This is particularly an issue in the creating scene. The World Health Organization evaluates more than 25 percent of the drug expended in poorer nations is fake or substandard. Existing apparatuses to battle this incorporate a check framework wherein a patient can filter the bundling of their solution and content an exceptional code to guarantee their pharmaceutical...
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...century. There are all sorts of different methods of birth control, such as “the pill”. Women take the pill everyday by mouth to prevent pregnancy, when taken correctly it is up to 99.9% effective. By taking the birth control pill it may prevent pregnancy, but it does not protect you from sexually transmitted diseases, such as HIV. In order to start the pill you need a doctor or a nurse practitioner to give you a prescription. They will start by asking you questions about your health, and family history which may include a pelvic ultrasound. When starting the pill the doctor or nurse will explain when the right time is to begin the pill, and what will happen if you miss taking the pill. Depending on what birth control pill...
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...Over-the-Counter Birth Control Stephanie Myers BCOM/275 September 23, 2013 Jacqueline Crawford Over-the-Counter Birth Control In the fussing over the sale of emergency contraception over-the-counter, it is easy to forget that there is another contraception drug that should be available over-the-counter but is not: the birth control pill. Oral contraceptives are basically the same drug as Plan B, but in smaller doses. Over-the-counter birth control should be readily available to women. There are many health risks to teenagers who get pregnant. It is commonly known that teen pregnancies occur with lower income, drug abuse, and high school drop-outs. From a sensible point-of-view, the financial hardships that teen pregnancy places on the health care system at large are enormous. It is ridiculous to say that birth control will encourage sexual activity; people will have sex regardless of their access to birth control. It is foolish for people to think they can demand that Americans go by their moral standard of waiting until marriage to have sex. We have to educate teenagers to the risks of unprotected sex, but it is ultimately up to them how they handle their bodies. When will men in government and men in the church stop telling women how to take care of their bodies. Women know how to take care of themselves. This would also cut down on the number of women seeking abortions. Young females should be making their decisions based on their own emotional...
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...In the film, Paul Elam, the founder of controversial website A Voice for Men, states that “[the red pill moment] is the day you decide nothing looks the same” (Jaye). Dean Esmay, a former staff member at the website, also explains that the red pill moment encourages people to “stop pretending women are oppressed and the males are the oppressors...it’s a hateful lie, and it’s wrong” (Jaye). Essentially, believing that narrative that women are the main group being silenced about issues such as spousal abuse is a way to keep people from the truth, which is much more complex. Examples of silencing can especially be seen in Toronto, with various protests including language such as “racist, sexist, anti-gay, MRAs, go away” (Jaye). The events depicted in the documentary were the Rally for Men and Boys in Crisis, and a speaker at UofT with talking points about men’s issues, with protestors at UofT even illegally pulled the fire alarm in order to...
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...How far was cultural change in Britain in the 1960’s due to the contraceptive pill (24 marks) During the sixties Britain experienced a huge amount of cultural change, some may say that this was due to the contraceptive pill and it’s liberalising affect on women. On the other hand it could have been due to the rise in affluence, technological advances or the development of the car. The pill was licensed for use in Britain in 1961 and could be prescribed on the National Health Service. As source B states ‘women were keen to try it’. It led to cultural change firstly as it was liberalising to women. Source A states that women felt ‘in control’ and ‘free’. This was because the pill allowed women to plan when they wanted children, which in turn gave them a chance to get careers, something that wasn’t common for women during this time. It meant that women weren’t confined to being housewives as they could choose when and if they wanted to have a baby. As source A states ‘it changed women’s lives’. Further to this it led to a more permissive society. Women could have sex without the worry of getting pregnant, especially important as abortion hadn’t been legalised at this time. Source a states that she ‘had an affair’’ because she ‘could get away with it’. The family planning act in 1967 added to this when it allowed the pill to be prescribed to single women, not just married. This shows that there was a change in moral standards. For example the media was now publicising stories...
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...Running head: BENEFITS OF SLEEP MEDICINE Benefits of Sleeping Pills May Outweigh the Harm Andrew V. Pham Georgia Perimeter College Abstract The article, “The Case for Sleep Medicine” published by The New York Times, discusses the issue of many Americans' dependence on sleep medicine by thoroughly explaining the effects of sleep deprivation, the risks of relying on these medicine, and the significance of natural sleep to maintain a healthy lifestyle. Gayle Green, the author of this article, states that sleep deprivation has caused many Americans to rely on sleeping pills to obtain enough sleep to function appropriately for work and other activities. This paper examines a study in the BMJ journal that discusses the risks of sleeping pills, and a research administered by researchers from the University of Chicago that depicts the negative effects of sleep deprivation. The article effectively uses these studies and research results to illustrate the many mental and physical complications that result from taking sleep medicine continuously for a period of time, but it seems as though many individuals are willing to accept the increase of risky body malfunctions rather than to lose sleep. Benefits of Sleeping Pills May Outweigh the Harm Sleep is fundamental for survival. It is the body's natural way of restoring itself from daily mental and physical activities. For young adolescents, adequate sleep leads to improved development in the brain and bodily growth....
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...sometimes un-healthy alternative: diet pills and supplements. Over the counter (known as OTC) diet pills and supplements are a savior and a demon in the same breath. They both have positive and negative effects on the body, both long term and short term. These same supplements can also cause damage to your mental and physical state if not taken properly and with consideration. Sadly, the negative will outweigh the positive in the end, these pills and supplements will prove to be more damaging in long term usage. Although there are negative side effects of both OTC diet pills and supplements, there are positive short and long term effects as well. For years people have been flash dieting, trying to shed a few pounds quickly and thus resort to a magic pill that has an urban myth that you will drop the weight in no time, with no work. However, this just isn’t so but they do have right now benefits that the user may favor temporarily. Usually these diet pills also known as diuretics, can cause you to lose a quick 2-7 pounds within a week or two. How is this done you ask? The first few pounds are water weight. It looks on the scale but in actuality, it has dehydrated your body and deprived it of much needed water. This can be counteracted by constant hydration. You will still lose the weight but at a slower pace. Most people will notice an increase in energy, a happier disposition and over just a better day. This is because most diet pills contain a form of Caffeine. Which gives...
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...allergic reactions. Also, they are usually very expensive. So basically in order to lose weight and get healthy, you have to put yourself at risk of other health problems and put a hole into your savings account. Alli is the most popular diet pill, it has a weird uncommon side effect that can cause other health problems. Hydroxy Cut and Hoodia Gordonii are just a few among the several different pill types. Alli (Orlistat) is the most popular diet pill on the market, ranging from $50.00 – S60.00. Alli is approved by the Food and Drug Administration (FDA), but so are many other drugs and foods. http://www.ask.com/wiki/Orlistat, Orlistat (also known as tetrahydrolipstatin) is a drug designed to treat obesity. It is marketed as a prescription under the trade name Xenical by Roche in most countries, and is sold over-the-counter as Alli by GlaxoSmithKline in the United Kingdom and the United States. Its primary function is preventing the absorption of fats from the human diet, thereby reducing caloric intake. It is intended for use in conjunction with a healthcare provider supervised reduced-calorie diet. Alli has several negative and positive effects to the human body. Some negatives are greasy stool, diets high in fat while taking the pill, will allow Alli to separate the fats. http://www.medicinenet.com/orlistat-oral/page2.htm#SideEffects, Fatty/oily stool, oily spotting, intestinal gas with discharge, a feeling of needing to have a bowel movement right away, increased number...
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...Directions | To answer questions in this course that require you to research online and cite your source, please follow the directions below.To research online, use Internet Explorer, Mozilla, Firefox, or another web browser and complete the following steps: 1. Choose one of the search engines listed below and type it into your browser. a. Google - http://www.google.com b. AltaVista - http://www.altavista.com c. Hotbot - http://www.hotbot.com d. Lycos - http://www.lycos.com e. Excite - http://www.excite.com f. WebCrawler - http://www.webcrawler.com 2. When the search engine page appears in your browser, you should see a text box on the page for you to enter your keyword(s), phrases or data. 3. Type in your key word(s), phrases or data and press “Enter” to initiate the search process. You should see a list of sites that contain information about the keyword(s), phrases or data you entered. 4. Select one of the links and click on it to find your answer to the question(s). 5. You may choose to repeat step four and click on a different link to verify your answer with a second source.To answer questions in your own words, use the following process: * When you answer a question using a website or a publication as a resource to help you respond, * You MUST paraphrase information in your own words. * You MUST properly give credit to an author by citing the source. * If you copy phases and sentences from resources, this...
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...1. Poison Pills are type of preventative defense installed to discourage an unwanted (hostile) takeover bid by another company. The target company attempts to make its firm (in terms of stock) less attractive (valuable) to the acquirer. In other words, they are provisions designed to make hostile takeovers too expensive. When an outside company or individual acquirer acquires enough stock to gain a controlling interest in the target company, a poison pill is triggered. Hostile acquirer is not able to participate in this purchase of new shares. As a result of the inflow of new target shares (of which hostile acquirer was not able to purchase any), hostile acquirer’s ownership percentage is substantially diluted. Faced with such dilution, hostile acquirer has no choice but to give up its hostile approach. Shareholders other than hostile acquirer are able to buy newly-issued target shares at a substantial discount. If hostile acquirer wants to continue, it has only two practical choices: (1) negotiate with target since only target’s board has the power to redeem the poison pill; or (2) launch a proxy contest to gain control of target’s board of directors because, again, only target’s board has the power to redeem the poison pill. There are two types of poison pills: flip-in and flip-over. A flip-in allows existing shareholders (other than the hostile acquirer) to buy more shares at a discounted price. By purchasing more shares cheaply, investors get instant profits and, more...
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...Pill bug Inclinations in Regards to Environmental Factors Introduction: Pill bugs are minute crustaceans with nearly ¾ iinch in length with seven pairs of legs and two antennas. The outer layer of the organism is dark brown/black in color and is segmented. They differ from insects in that, pill bugs do not have efficient waterproof features. Due to this, they have to live in damp areas or they will dry out effortlessly. Orienting behavior is present in bill bugs. It is when is an animal recognizes and uses directions to follow a designated path. Usually, this organism will travel in this path in proportion to a spatial attraction of its environment. Pill bugs demonstrate orienting behaviors when they incline towards moisture. Pill bugs need...
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