Medication in Moderation: A Case for Adopting Canada’s Limitations on Poison Pills in the U.S. and U.K.
Bibliographic record
Abstract
Ever since shareholder rights plans or “poison pills” were devised, there has been staunch disagreement about whether the measures 'overinsulate' management and harm returns or whether such defenses are necessary to ensure shareholders get the best possible deal in a change of control transaction. Responding to a inter-provincial regulatory dispute, Canada has recently amended its takeover regulations to create an extended deposit period accompanied by a majority-tender requirement which has enhanced target-board negotiating power. This Note argues that such a change would benefit both the takeover regimes of both the United States and United Kingdom by making the former more takeover friendly and the latter less so.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.008 | 0.018 |
| Meta-epidemiology (narrow) | 0.000 | 0.001 |
| Meta-epidemiology (broad) | 0.000 | 0.001 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.030 | 0.011 |
| Scholarly communication | 0.009 | 0.003 |
| Open science | 0.003 | 0.004 |
| Research integrity | 0.021 | 0.019 |
| Insufficient payload (model declined to judge) | 0.005 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".