A poison pill defense may be implemented by

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Quizplus · Accepted Answer

A poison pill defense is a strategy used by a company to make its stock less attractive to a hostile acquirer. Issuing rights at a cheap price is one way to implement this defense. This allows existing shareholders to purchase additional shares at a discounted price, making it more expensive for the acquirer to take control of the company. Giving stock away or selling firm assets are not typical poison pill defenses, and adding seats to the board of directors may not be effective in deterring a hostile takeover.

A Poison Pill Defense May Be Implemented by