O Canada! > Canadian > Canadian Chat > [Rant] The beginning of the end for Netflix

reply to cpsycho

Re: [Rant] The beginning of the end for Netflix

quote:

---

Netflix Inc. said yesterday that it has adopted a shareholder-rights plan, also known as a poison pill. Such a plan is designed to make it difficult or even impossible for someone to take over the company without an agreement from the board. When the provision is triggered, additional shares flood the market and make it prohibitively expensive for a takeover.

---