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UnitedHealth Group (UNH)
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UNH » Topics » Background

This excerpt taken from the UNH DEF 14A filed Apr 30, 2007.

Background

The supermajority provision relating to business combinations with related persons has been viewed as benefiting shareholders by encouraging persons considering unsolicited tender offers, or other unilateral takeover actions, to negotiate with the Board of Directors before becoming 20% shareholders rather than pursue non-negotiated takeover attempts. While our Board of Directors believes this is an important benefit, the Board recognizes that the Company’s current market capitalization and status as a regulated entity makes the Company an unlikely target of an unsolicited takeover attempt.

 

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"Background" elsewhere:

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Allstate (ALL)
AMERIGROUP (AGP)
Community Health Systems (CYH)
MOLINA HEALTHCARE (MOH)
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Procter & Gamble Company (PG)
Medtronic (MDT)
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