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Dell's Acquisition of Compellent, Requirement that Compellent Adopt a Poison Pill

Book Publication Date: Aug 2021
Description: The following excerpts from the proxy statement and merger agreement pursuant to which Dell acquired Compellent relate principally to the requirement that Compellent adopt a poison pill.
Type: Contract Clauses
PLI Item #: 41253
Practice Area: Corporate law, Deal structuring, Mergers and acquisitions, Securities and other financial products, Tax, Tender offers

Keywords: "Dell's Acquisition of Compellent"; "Compellent Poison Pill"; "summary term sheet"; "stockholder rights plan"; "covenant of compellent to adopt a poison pill"; adoption of a stockholder rights plan; Dell International L.L.C., Dell Trinity Holdings Corp; principles in contracts drafting

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