Netflix Poison Pill Takeover Defense Ends Today, 2 Years Early

Netflix Inc. (NFLX), the top-performing stock in the Standard & Poor’s 500 index this year, said its poison pill anti-takeover defense expires today, almost two years ahead of schedule.

Investors aren’t required to take any action as a result of the change, the Los Gatos, California-based video-streaming service said today in a statement. The poison pill, designed to make an unfriendly takeover more expensive, was adopted in November 2012 and set to expire three years later.

To contact the reporter on this story: Andy Fixmer in Los Angeles at

To contact the editor responsible for this story: Rob Golum at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.