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A hostile takeover defense has become increasingly common for newly public companies, with poison pills in particular rising in popularity as the defense of choice for IPO-bound companies. More companies are adopting these countermeasures right from the start when they go public -- to stave off potential threats and give themselves the upper hand when hostile bids do surface.
January 11, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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