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Cineplex Adopts "Poison Pill" to Fight Hostile Takeover Bids

covid-19 pandemic Government Hollywood
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hollywoodreporter.com:

Canadian exhibition giant Cineplex will reopen six of its 164 movie theaters June 26, with the rest set to resume business in July after their shutdown because of the COVID-19 pandemic.

But, before allowing theatergoers back, the chain adopted a so-called poison pill on June 19 for shareholders. Also known as a stockholder rights plan, the action is a defense against hostile and low-priced takeover attempts that take advantage of weakened stock prices.

Cineplex said its three-year plan — allowing shareholders to purchase discounted shares triggered by unwanted offers for a stake of 20 percent or more — was designed to ensure "fair treatment" of shareholders.

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Davinia Taylor - Jude Cunningham - Inside former Hollyoaks star Davinia Taylor’s incredible Marbella villa with huge pool in the luxury garden and sea view - thesun.co.uk - Spain
thesun.co.uk
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Inside former Hollyoaks star Davinia Taylor’s incredible Marbella villa with huge pool in the luxury garden and sea view
HOLLYOAKS star Davina Taylor has been living her best life in her Marbella villa over the past three months in lockdown. The soap actress - who played Jude Cunningham in the show from 1996 to 1998 - has been living part time in the Spanish city and has been renovating her lavish holiday home.
Davinia Taylor Jude Cunningham Spain pandemic stars isolate Coronavirus
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Retired nurse, 74, tells police she will 'f****** kill that c*** next door' as neighbour row about a delivery driver escalates
Funk and soul band will put a "positive spin" on Cancer Research event in Ayrshire
Shoppers flock to buy 'miracle in a bottle' Olaplex hair treatment with 40% off
Solar panels for former Falkirk hospital get green light despite objections
How to entertain yourself when you stuck inside due to a pandemic
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