Carvana adopts shareholder rights plan
Carvana said it has adopted a “poison pill” to limit shareholders from increasing stake, making it difficult for the used car retailer to use its net operating loss (NOL) carryforwards to reduce tax.
Carvana said it has adopted a “poison pill” to limit shareholders from increasing stake, making it difficult for the used car retailer to use its net operating loss (NOL) carryforwards to reduce tax.