My corp. just let it's "poison pill" clause expire. Should I be worried?

[Pale Blue Dot]

For those of you who don't know, the "poison pill" clause apparently limits the vulnerability of a public company to a hostile takeover bid.

My company says that they let this clause expire because (and this is true) they are now the industry leader in their niche. I see their point in a way. None of our competitors would have the resources to launch a hostile takeover bid. My concern is a much, much bigger company (say, a Walmart or a GE), launching such an attack.

Financial experts: Do I have anything to worry about? Are there any other reasons that my employer might have caused this clause to expire?

[Dookus]

1. It's a "poison pill" clause

and it's not necessarily anything to worry about.

Perhaps your company WANTS to be bought, which isn't always bad.

[Pale Blue Dot]

2. In my case, it would be bad.

It's a very, very well-run company. A change in leadership can only be bad, IMO.

On edit: I can't believe I typed "poison bill" not once, but twice!

[MrSoundAndVision]

5. OH

DEAR!

[brainshrub]

3. Never trust a large corporation.

Always worry.

If it would make the stock-holders money, a large corporation will hire thugs to rape your wife and chop the arms off your children.

You know what the bastards can do, why do you think they would care about your life?

So I say: Yes. Be afraid. Be very afraid.

[MrSoundAndVision]

4. I think...

I couldn't care less about the health of any corporation. They are not people, just games, right businessman? Let's work for the health of the nation instead of the health of your numbers, how about that?

[Pale Blue Dot]

6. I'm an honestly not asking you to be concerned with the health

of my company. I am merely asking if I should be concerned, since employment is as important to me as it would be to anyone.

[Dookus]

7. I think you shouldn't worry yet

there are many reasons why this could have happened, and not all of them are nefarious.

Perhaps the clause was put into place during a time when they were concerned about something. It could be interpreted as a sign of strength. Lacking any other information, this expiration, by itself, shouldn't be worrisome.

[Pale Blue Dot]

8. Thanks, dookus.

That's almost verbatim what they said in their press release. :-)

[Dookus]

9. do you know the senior management?

Do you trust them? Those are the important questions.

[rasputin1952]

10. Don't worry too much...

leet a little time go by, then you can get a feel of what is happening. It doesn't pay to worry before you have to, just makes you, well, worried.....:)

I hope it all comes out well.

O8)