Blank Check Preferred Stock  Dictionary Says  Definition of
'Blank Check Preferred Stock'  A method companies use to
simplify the process of creating new classes of preferred stock
to raise additional funds from sophisticated investors without
obtaining separate shareholder approval. Investopedia Says
Investopedia explains 'Blank Check Preferred Stock'  To do this
a company must amend its articles of incorporation to create a
class of un-issued shares of preferred stock whose terms and
conditions may be expressly determined by the company's board of
directors.  This kind of stock can also be created by a public
company as a takeover defense in the event of a hostile bid for
the company (poison pill).  Articles Of Interest    1. Mergers
And Acquisitions: Understanding Takeovers    2. Bloodletting And
Knights: Medieval Investment Terms    3. Impact of Share
Repurchases    4. Pay Attention To The Proxy Statement
Don't overlook this overview of a company's well-being.   5.
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