Thrifts Approve Anti-Takeover Shields: Two California thrifts,...
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Thrifts Approve Anti-Takeover Shields: Two California thrifts, Coast Savings in Los Angeles and HomeFed Corp., parent of Home Federal Savings in San Diego, announced separately that they have approved anti-takeover shields to make it more expensive for hostile suitors to take them over. Both measures would be triggered when a suitor buys a stake of 15% or more.
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