1.   And in a recent proposal to creditors to restructure the company, that stake would be diluted considerably.

2.   Beyond that, poison pills are aimed at diluting the stake of unwanted suitors, making a takeover bid prohibitively expensive.

3.   But it noted that that could dilute the stakes of existing shareholders.

4.   But shareholders are wising up to the fact that these grants dilute their stakes, sometimes significantly.

5.   One major shareholder who spoke with Zell said it will oppose any Zell plan that dilutes the stake of existing shareholders.

6.   Options dilute the stake of existing shareholders, but investors can take the dilution into account when valuing stocks because companies publish the number of options they have outstanding.

7.   Poison pills are aimed at diluting the stake of unwanted suitors, making a takeover bid prohibitively expensive.

8.   Shamefully willing to let executives do whatever they wanted during the bull market, shareholders have stood happily by even when their stakes have been wildly diluted.

9.   The cost of options is borne by existing shareholders, whose ownership stake is diluted.

10.   The challenge is to find a trust whose portfolio can withstand that steady outflow of cash without collapsing into debt or excessively diluting the stakes of existing investors.