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Ronald Barusch views the looming failure of ConAgra's (CAG) bid for Ralcorp (RAH) as an example...

Ronald Barusch views the looming failure of ConAgra's (CAG) bid for Ralcorp (RAH) as an example of how companies can form "an almost bulletproof defense" against takeover attempts using tools such as a poison pill and staggered board. But with Ralcorp now trading 22% below ConAgra's offering price, shareholders likely aren't pleased.
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