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Few of the more than 20 companies that adopted shareholder rights plans -- or poison pills -- during the past six weeks did so because their prospects were particularly rosy. Most of the companies have stocks in the dumps, making them potentially attractive acquisition targets, and the sounds of footsteps appears to be driving them onto the defensive.
July 24, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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