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With split looming, Energizer adopts 'poison pill' stock plan

2015-05-22 21:45:08| Electronics - Topix.net

St. Louis-based Energizer Holdings Inc., announced Friday it had adopted a limited duration shareholder rights plan, often called a poison pill. The plan is designed to devalue the company's stock by flooding the market with additional shares, thus making it too expensive for an outside investor to acquire a controlling stake.

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Category:Electronics and Electrical

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