Twenty-six states have anti-takeover laws of one sort or another.
Allied may also face difficulties with its hostile offer because Pennsylvania has some of the toughest anti-takeover laws in the country.
They agreed to give major shareholders three board seats and exempt the company from anti-takeover laws.
He also played an important role in the passage of a strong anti-takeover law in Ohio.
It is incorporated in Delaware, which has strong anti-takeover laws.
About 20 states have some form of an anti-takeover law.
Since that decision, eight states have adopted anti-takeover laws.
Twenty-six states now have anti-takeover laws and three others are considering similar measures.
Within days, Pennsylvania is expected to enact the most far-reaching anti-takeover law in the nation.
The phone company also filed suit in Ohio, asserting that the state's anti-takeover law is unconstitutional.