Don't Make Poison Pills More Deadly - NYTimes.com


Don't Make Poison Pills More Deadly - NYTimes.com:

"Poison pills were developed in the 1980s to enable insiders to block a hostile acquisition. Over time, however — and without sufficient attention by investors and public officials — companies have started to use poison pills to prevent acquisitions of stakes that fall substantially short of a controlling block.

Indeed, among the 637 companies

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