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Home>FXCM adopts poison pill with 10% trigger

FXCM adopts poison pill with 10% trigger

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Fri, 30 Jan 2015

By Lauren Pollock FXCM Inc. has adopted a shareholder rights plan with a 10% trigger, a move intended to reduce the chance of a hostile takeover attempt at a low valuation. The foreign-exchange brokerage accepted a $300 million rescue package earlier this month from Jefferies Group LLC parent
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