Article posted: 1/19/2013 8:03 AM

Krispy Kreme adopts poison pill to ward off potential buyers

Buy this photo Buy this photo
Gallery Image

Krispy Kreme Doughnuts Inc., whose shares have jumped this year amid speculation it's an acquisition target, adopted measures to discourage investors from buying 5 percent or more of the company's stock.

Daily Herald file

About this Article

Krispy Kreme Doughnuts Inc., whose shares have jumped this year amid speculation it's an acquisition target, adopted measures to discourage investors from buying 5 percent or more of the company's stock. The plan is meant to protect against an inadvertent change of ownership, which would limit the way the company's previous operating losses and other credits could be applied to future taxes, Krispy Kreme said