The boardroom is seen during the grand opening and media preview of the new Apple Carnegie Library store in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne
Williams, like dozens of other companies, raced to adopt poison pills as protective measures when their stock prices cratered along with oil prices and fuel demand this year during the COVID-19 pandemic. Corporate governance experts said it is highly unusual for a corporate advisor like a lawyer to take this kind of action.
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