V Band Adopts "Poison Pill" As Feil Vies For Control

WatersTechnology Staff
27 Feb 1989

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V Band Corp. last week adopted a "poison pill" common share rights plan following the announcement by its chairman and largest shareholder, Thomas E. Feil, that he wants to boost his 23% stake in the telephone turret manufacturer.

While V Band sought to assure customers that whatever the outcome of the ownership wrangle, V Band and its products would emerge unscathed, industry observers spoke of civil war between Feil and management. They rated Feil's chances of success as slim, but said his

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