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Chancery Strikes Down Williams Cos. Poison Pill Measure

By Jeff Montgomery ( February 26, 2021, 10:49 PM EST) -- An "extreme" poison pill anti-takeover measure adopted by pipeline giant The Williams Cos. last year was struck down by Delaware's Chancery Court on Friday, with a vice chancellor finding that directors failed to show the measure was a reasonable response to a specific concern. . . .

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