Defensive Tactics in Tender Offers - Does Anything Go?
42 Pages Posted: 15 May 2012
Date Written: May 15, 2012
Abstract
Companies that may be targets of hostile take-overs have adopted an array of strategies to keep their independence. They often argue that such tactics are in the best interest of their shareholders. This assertion however is questionable and the article explores whether the law should condone them.
Keywords: poison pill, tender offers, hostile take-overs
Suggested Citation: Suggested Citation
Morrissey, Daniel J., Defensive Tactics in Tender Offers - Does Anything Go? (May 15, 2012). Tennessee Law Review, Vol. 53 , No. 1, 1985, Available at SSRN: https://ssrn.com/abstract=2060379
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