Question: (a) When must a board redeem a poison pill? (b) How is the adequacy of an offer for stock determined? (c) Should a director consider

(a) When must a board redeem a poison pill?
(b) How is the adequacy of an offer for stock determined?
(c) Should a director consider constituencies other than the shareholders when making corporate decisions?

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a Under the corporate law of Delaware it is very probable that the board of Engulf would not be required to redeem the poison pill at this time The key question is whether the directors have the autho... View full answer

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