Steven Davidoff argues the hotly-debated Netflix (NFLX -1.9%) poison pill is a "non-event" that...

|By:, SA News Editor

Steven Davidoff argues the hotly-debated Netflix (NFLX -1.9%) poison pill is a "non-event" that if anything is shareholder-friendly. The Ohio State professor notes the company used benign language and is noncontroversial in the adoption of the anti-takeover measure. At the end of the day, he writes, with Carl Icahn's stake below 10% the activist investor will be unaffected in a large part by the poison pill.