Hello Bill;
You wrote;
"Does KRY have any method to forstall a PDG takeover bid>, like a shareholder rights plan or other poison pill?
Yes they do, the way that MO and RN have set up the rights to LC4&6 for KRY, it allows them a "backdoor" in other words if a hostile takeover was launched against KRY, the rights to LC4&6 are protected, so in effect it and KRY are both protected by this clause.
It is in KRY's annual, for anyone interested, it also shows how well the thought process was put into place by MO and RN and no doubt RF.As time proceeds, more people will begin to fully appreciate the value of these three gentlemen, and what they have brought to KRY.
With regards,Frank
P.S. Good to see some very good posts with intelligence applied by all, long and short alike, if we talk to each other and demonstrate respect to each other we all become better in the long run, after all we are all in it for the same purpose, and that is to "profit". We can do that and be civil as well. |
