Worse, the $36 million contract included a poison pill that was a $3.3 million roster bonus.
And Ralcorp has already erected other defenses, including a poison pill that would make an unwanted takeover prohibitively expensive.
CommonWealth has stiff takeover defenses, including a poison pill that limits Corvex and Related to acquiring no more than 10 percent of its shares.
It is one of the country's largest new gardens for a century, with many elements, including a "poison" garden and one of the largest tree houses in the world.
Ralcorp already has several takeover defenses, including a poison pill that would make an unwanted takeover prohibitively expensive and a staggered board in which only a few directors are elected each year.
WHEN Catherine Chalmers was preparing to film her video "Safari," which documents the journey of a cockroach through a mini-tropical landscape, she turned to animal breeders to buy her exotic cast of creatures, which included a poison dart frog and a pygmy chameleon.
"This is the first step towards putting aside the legal mechanisms CNET has relied on to fight our effort to create stockholder value, which have included a poison pill, golden parachutes and an attempt to prevent us from proposing new directors, an attempt which the court today rejected.
The three nominees (one of which would be Burkle) would "provide a compelling stockholder mandate to effect meaningful change," according to the letter, which also urged shareholders to amend the company's shareholder rights plan, which includes a "poison pill" policy on treating all shareholders the same.
#GOPBudget includes a poison pill to hand over the wildest place left in America to #BigOil.
However, as part of this same agreement, Governor Christie and the Assembly included a poison pill: the complete repeal of the estate tax in New Jersey, which would benefit only those in the wealthiest 5% of families, to the tune of $300 million per year.
