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CommonWealth has stiff takeover defenses, including a poison pill that limits Corvex and Related to acquiring no more than 10 percent of its shares.
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One possible point of comparison: Hewlett-Packard's board had considered resigning if the company failed to win shareholder approval of its takeover of Compaq Computer, amid stiff opposition by the son of one of its co-founders.
And this week, Mr. Goodwin's biggest strategic bet, a $4.3 billion takeover of US Airways, unraveled in the face of stiff government opposition.
A takeover.
Stiff, indeed.
ANOTHER day, another takeover.
Stiff back.
The Big Takeover, reggae.
Takeover defenses are generally prohibited.
Friday is #MalalaDay & #UNYouthTakeover.
Alibaba's takeover of Yahoo!
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