State antitakeover statutes that delay takeovers are unconstitutional.

Name: State antitakeover statutes that delay takeovers are unconstitutional.
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State antitakeover statutes have been upheld as constitutional by the Supreme Court in the past. These laws allow a company's board of directors to take actions to prevent or delay hostile takeovers, which can often be seen as in the best interest of shareholders and the company as a whole.

State Antitakeover Statutes That Delay Takeovers Are Unconstitutional