Netflix Adopts Poison Pill to Protect Against Icahn

Nov. 5 (Bloomberg) – Bloomberg’s Josh Lipton reports that Netflix adopted a so-called poison pill to protect against a hostile takeover after billionaire investor Carl Icahn acquired an almost 10 percent stake in the company. He speaks on Bloomberg Television’s “Money Moves.”
Ace to Buy Chubb for $28.3B
24:23 - It’s the biggest acquisition in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. The deal is just the latest move in a recent acquisition spree for Ace. Bloomberg’s Nejra Cehic reports on “Countdown.” (Source: Bloomberg)
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