#HalLAWeen Art: Poison Pill

"The first relevant defensive measure... would be considered a 'poison pill' in the current language of corporate takeovers — a plan by which shareholders receive the right to be bought out by the corporation at a substantial premium on the occurrence of a stated triggering event."

-Revlon, Inc. v. MacAndrews & Forbes Holdings, 506 A. 2d 173, 180 (Del. 1985), Google Scholar.