Unitrin, Inc.
Website: http://www.unitrin.com/
Industry: Insurance

Overview

Unitrin, Inc. v. American General Corp. , 651 A.2d 1361 (Del. 1995) is the leading case on a board of directors' ability to use defensive measures, such as poison pills or buybacks, to prevent a hostile takeover. The case demonstrates an approach to corporate governance that favors the primacy of the board of directors over the will of the shareholders.

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