"That's the difference between a policy and a bylaw," he said.
Elson said, however, that the investors might have a case if they could prove that the company misled them about its intentions for the policy.
Sun, Oct 09, 2005 - Page 11 News List
Investors sue News Corp over `poison pill' defense
LEGAL ACTION The investors say the company and its chairman, Rupert Murdoch, reneged on promises about shareholder protection at the time of its move to the US
NY TIMES NEWS SERVICE , NEW YORK
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