All Aboard Bonus Episode: Railroad Transactions, Poison Pills, & Junk Bonds
Episode 041 (Shouldn't Paint So Fast...Or Should You?) Covered the Southern Pacific Santa Fe non-merger, and it meant we needed a clearer explanation of the procedures for railroad mergers, so-called "Poison Pills" which provide defenses for companies facing hostile acquirers, and "Junk" bonds. So, we give you a quick hit here to cover all of these.
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