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Corporate boards today are witnessing revived hostile M&A activity, an increase in shareholder activism and scrutiny of their corporate governance practices. Against this backdrop, the boards of companies that have, or are considering, poison pills must consider whether the protective benefits for shareholders outweigh the risk of losing shareholder confidence that directors and officers are "doing the right thing."
November 11, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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