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The Poison Pill, Long Hated by Investors, Gets New Love in Japan

Japan news, commentary, culture, sports

One of the corporate world’s most controversial takeover defenses is winning some unexpected fans. The poison pill — which dilutes the ownership of hostile acquirers — has long been criticized as a tool to keep bad management teams in place and deny existing shareholders the right to profit from buyouts...

Mentions: Management hostile takeover ISS