FXCM Inc Takes A “Poison Pill” To Thwart Hostile Takeover Attempts

30Jan2015January 30, 2015

FXCM Inc Takes A “Poison Pill” To Thwart Hostile Takeover Attempts

FXCM Inc., the largest retail foreign-exchange brokerage in the U.S., has adopted a shareholder rights plan with a 10% trigger, with the goal of preventing a potential hostile takeover attempts of the company.

The brokerage company however indicated that the rights plan is not intended to deter offers that are fair and otherwise in the best interests of the company’s shareholders.
FXCM's “poison pill”
While unveiling its “

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Author

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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