id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-9981	Jeffrey N. Gordon	The Rejected Threat of Corporate Vote Suppression: The Rise and Fall of the Anti-Activist Pill	2022	40	.pdf	application/pdf	14582	673	53	In particular, these pills seemed principally aimed not against a possible hostile bidder (the pill’s original justification) but rather against shareholder activists who might challenge management’s strategic or operational acumen—otherwise known as anti-activist pills. The Delaware Courts’ reaffirmation of the legitimating role of the shareholder franchise is particularly important now, as the set of shareholder activists expands to include ESG activists who will use director election contests to propose broader conceptions of corporate purpose and shareholder value pursuit.	cache/cblr-9981.pdf	txt/cblr-9981.txt