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(8 Points) Many takeover defenses, e.g. poison pills and staggered board, make it difficult for bidder to take over the company. They are in the

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(8 Points) Many takeover defenses, e.g. poison pills and staggered board, make it difficult for bidder to take over the company. They are in the company charter and were formerly approved by the shareholders. Why did the shareholders approve them

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