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All of the following are true of poison pills except for: a. Poison Pills are issued as a dividend to existing stockholders in the form

All of the following are true of poison pills except for:

a.

Poison Pills are issued as a dividend to existing stockholders in the form of a warrant.

b.

Enable target shareholders to buy additional shares in the new company if an unwanted shareholders ownership exceeds a specific percentage of the targets stock.

c.

Poison pill has gained popularity in the past 2 decades.

d.

Stock market sometimes responds positively to the removal of poison pills.

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