(Reuters) - Netflix Inc adopted a poison pill defense to prevent a hostile takeover, acting just days after activist investor Carl Icahn disclosed he had bought a stake in the streaming video and DVD-by-mail subscription service.
Reuters: Top News, Reuters
Mon, 11/05/2012 - 1:06pm
(Reuters) - Netflix Inc adopted a poison pill defense to prevent a hostile takeover, acting just days after activist investor Carl Icahn disclosed he had bought a stake in the streaming video and DVD-by-mail subscription service.