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'Poison pill' at Avigilon

January 13, 2016Martha Entwistle

Video surveillance company Avigilon on Tuesday adopted a "shareholder rights" plan, an anti-takeover measure that's sometimes called a "poison pill." The plan has been accepted by the Toronto Stock Exchange, but it needs to be approved by shareholders within six months. Avigilon plans to present the plan at is 2016 annual meeting. Avigilon said it "is not aware of any proposed take-over bid at this time." We've seen some major video surveillance acquisitions recently with Axis and Milestone being...

anti-takeover, Avigilon, poison pill, Video Surveillance

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