Nuclear Fuel Co. Investor Sues Over Hair-Trigger 'Poison Pill'

Gunnar Larson g at xny.io
Thu Apr 25 00:33:55 PDT 2024


Nuclear Fuel Co. Investor Sues Over Hair-Trigger 'Poison Pill'
<https://www.law360.com/mergersacquisitions/articles/1829244?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-25&read_main=1&nlsidx=0&nlaidx=6>

By Lauren Berg

A Centrus Energy Corp. stockholder on Wednesday hit the company, as well as
current and former directors, with a proposed class action in Delaware
Chancery Court, challenging allegedly hair-trigger shareholder rights
"poison pill" restrictions that activate anti-takeover measures based on a
relatively low share ownership percentage.

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<https://www.law360.com/mergersacquisitions/articles/1829244?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-25&read_more=1&nlsidx=0&nlaidx=6>
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<https://www.law360.com/mergersacquisitions/articles/1829244?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-04-25&read_later=1&nlsidx=0&nlaidx=6>
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