Starz Adopts Poison Pill After Byron Allen Acquires Big Stake

Starz Entertainment said its board voted unanimously to adopt a limited-duration shareholder protection rights agreement, also known as a “poison pill,” effective immediately and expiring in a year. The move follows Byron Allen acquiring a big chunk of stock in the company. The Allen Media Group founder and CEO unveiled a 10.7% stake in Starz last […]

By Jillg366