Alpha Biogenetics
Case 27
Poison Pill
Purpose: The case gives the student exposure to the poison pill and the entire issue of antitakeover
Solutions
1. Values for 2013
32$.
000,000,5
000,600,1$
Shares
Earnings
shareper Earnings
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6. The inside control group owns 1.8 million shares.
An unfriendly, outside party could acquire the remaining 3.2 million shares out of the 5 million shares
outstanding.
In order to maintain their majority position, the inside control group would need to buy 1,400,001