this post was submitted on 10 May 2024
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[–] [email protected] 17 points 7 months ago* (last edited 7 months ago) (1 children)

Something tells me that here in the United States of Greed, such a thing is ‘un-possible’, legally speaking.

It's not only possible it happens reasonably often. So often in fact that the "poison pill" idiom was created by companies who were doing just that.

Here's a Harvard Law paper on it.

[–] [email protected] 6 points 7 months ago

I had heard of this, and I appreciate the link to the paper. It's one reason I used the term. My understanding of it is that these seldom actually work in practice. It did not help Twitter, for example. I appreciate the counter-argument. I definitely want this to be a thing.