(Advertisement)

Netflix OKs ‘poison pill’ to rebuff shareholder

Posted: November 6, 2012 at 2:40 a.m.

Netflix Inc., the world’s largest subscription video service, has adopted a socalled poison pill to protect against a hostile takeover after billionaire investor Carl Icahn acquired an almost 10 percent stake in the company.

This story is only available from our archives.

Business, Pages 19 on 11/06/2012

(Advertisement)