Susanne Ansari
Business Law Instructor Suanne Ansari was recently featured in The Post and Courier for her analysis of Charleston-based Blackbaud’s adopted defensive “poison pill” strategy.
“Poison pills can be effective in discouraging or thwarting an unwanted buyer, though investors can find ways around them,” according to Ansari.
The article “SC tech firm adopts a ‘poison pill’ to thwart a potential takeover” discusses the “shareholder rights plan” Blackbaud’s board unanimously approved to fend off potentially hostile acquirers.
“To possibly overcome this defensive measure implemented by Blackbaud,” says Ansari, “[the investment firm] would need to be successful at gaining control of the board of directors.”
Read more at The Post and Courier.
