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Boards Move Swiftly to Adopt Poison Pills, Agenda

April 01, 2020

Morgan Lewis partner Keith Gottfried was interviewed for an Agenda article about boards electing to move to poison pills in response to the coronavirus (COVID-19) pandemic. “Any company that has had its market cap substantially shrunken by 50% or more from a 52-week high, which is not a small number of companies, would do well to at the very least have a pill on the shelf,” said Keith. “Have all the work done for a pill, completely vetted, comfortable and ready to go with less than 48 hours to pull the trigger.”

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