When companies face hostile takeover threats, they turn to ESG, and the whole community benefits
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PhysWhen companies face hostile takeover threats, they turn to ESG, and the whole community benefitsphys.orgWhen a company faces the prospect of a hostile takeover, its board may reach for traditional anti-takeover defenses. "Poison pills," for instance, allow existing shareholders to buy additional shares at a discount, diluting a would-be acquirer's stake and making the target more expensive to absorb.
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