Delaware's legislature has provided a potent antitakeover statute in its corporation code.

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Delaware's corporation code includes Section 203, which restricts certain types of mergers and acquisitions and provides protection to target companies against hostile takeovers. This statute is considered one of the strongest antitakeover laws in the U.S. and has contributed to Delaware's popularity as a state of incorporation for many large corporations.

Delaware's Legislature Has Provided a Potent Antitakeover Statute in Its