Better rolls out a poison pill as Garg fights for control
Plan triggers at 15% ownership or voting power and runs through 2027
Plan triggers at 15% ownership or voting power and runs through 2027
BELLINGS Intelligence Score: 20
Why it matters
Better's adoption of a poison pill to defend against a control fight is a notable corporate governance event with limited direct impact on credit markets or broader lending conditions.
Sources
HousingWire
Better rolls out a poison pill as Garg fights for control
Plan triggers at 15% ownership or voting power and runs through 2027