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Such measures include "poison pills", designed to make takeover targets unpalatable in the way, for example, that Gucci issued new shares in 1999 to escape from the clutches of LVMH.
Mr. Harteveldt said that the value of these travel search engines was such that portal companies, like Google, MSN or AOL, are likely to make takeover offers for them.
As a ploy to protect its own shareholders against the ramifications of a hostile takeover, and perhaps even to make takeover artists wary, the board of Foote, Cone & Belding Communiations voted yesterday to give its stockholders an option to buy a new series of preferred stock.
Low interest rates make takeover deals look easy.
Best Buy extends deadline for founder to make takeover offer.
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And Arnold Weinstock was showing, with his controversial takeover of the electrical giant AEI, how to make takeovers work, even if that meant politically unpalatable closures and redundancies.
In theory, in a post-Brexit world, it is a simple matter to change the law to make takeovers subject to a public-interest test.
A spokesman for the ABI said requiring shareholders to vote by a two-thirds majority, rather than a simple majority as they do today, would make takeovers too difficult and provided too much protection to failing boards.
funds make takeovers easy by reducing the number of negotiating parties, and facilitating due diligence.
Analysts say chances appear to have dimmed for shareholder approval of a Phillips restructuring plan that would make takeovers more difficult.
The conglomerate structure also dissuaded specialist rivals from making takeover bids.
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