wescobrk Posted April 29, 2020 Share Posted April 29, 2020 Senator Warren and Congresswoman AOC are trying to push legislation to ban all M&A until pandemic is over. M&A is already down over 33%. The FTC is still reviewing each M&A case. The FTC commissioner commented that is black and white thinking and would actually be more difficult for some small companies. With poison pills so easy to invoke, small companies aren't forced to be sold unless the shareholders vote on it. Also, if a company is struggling and may not make it without an acquisition, this would harm companies. I don't even understand how Warren and AOC would benefit from this politically as this seems to be difficult to describe the specifics with voters. Anyone on the board believe this is a good idea and can explain why it should be law until a vaccine? Link to comment Share on other sites More sharing options...
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