VOIP Inc. says it isn't going to choke on Internet America Inc.'s poison pill.

Florida-based VOIP, a provider of Internet-based phone services, announced plans to acquire 49 percent of Internet America's shares and sell off the company's assets in July. It offered shareholders a half share of VOIP stock for every share of Internet America (see VOIP Plans to Buy Internet America). At that time, Internet America, a Dallas-based provider of dial-up and DSL services, rejected the bid.

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