Last month, iSeries software vendor J.D. Edwards adopted a stockholder rights plan -- also known as a poison pill -- that promises to protect stockholders’ investments in the event of a hostile takeover attempt. J.D. Edwards was quick to reassure customers, employees, and investors that the development of the stockholder rights plan wasn’t motivated by any attempted takeover, but rather by its need to reassure stockholders that their investments in J.D. Edwards were well protected, says JDE ...

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