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Keep any corporation independent and free from outside control. Corporate Anti-Takeover Defenses: The Poison Pill Device contains the strategies needed to avoid hostile takeovers by utilizing shareholders' rights plans, or poison pills. It provides the mechanics, procedures, and key drafting language, plus real-world examples to illustrate the ins and outs of this strategy. Chapters cover: • Basic definitions • Poison pill rights • Entire rights agreements • Press releases • Shareholders' requests to rescind