Frank Aquila Authors Bloomberg Businessweek Article on Poison Pills

February 23, 2011
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Mr. Aquila authored the article, “Suddenly, Poison Pills Are Relevant Again,” which was published in the February issue of Bloomberg Businessweek. In the article, Mr. Aquila discussed the timing of a Delaware judge’s decision upholding Airgas’s shareholder rights plan, which coincides with a surge in hostile bids. The decision, Mr Aquila pointed out, confirms that shareholder rights plans, which are also known as poison pills, are “still the most potent takeover defense available to targets of unsolicited bids.”