M&A: IS FEDERAL LEGISLATION NEEDED?
- greenmail. // International Dictionary of Finance, 4th Edition;2003, p124
Information on the term "greenmail" is presented. It refers to corporate raider.
- Defence of the realm. Frith, Damon // BRW;5/10/2007, Vol. 29 Issue 18, p20
The article focuses on corporate defense against aggressive bidders in Australia. The power of strong corporate financial performance to ward off bidders has weakened because of the availability of credit for private equity consortiums. Australian companies are now looking at new and old...
- THE ANTITAKEOVER LAWS AND CORPORATE CASH HOLDINGS. Hongchao Zeng // Academy of Accounting & Financial Studies Journal;2015, Vol. 19 Issue 1, p25
The takeover-deterrence effects of corporate cash holdings have been documented in prior studies. Using the presence of business combination (BC) laws to proxy for the monitoring strength of the takeover market, we examine how an active takeover market affects the level and valuation of...
- An information age counterattack. // Mergers & Acquisitions: The Dealermaker's Journal;May/June97, Vol. 31 Issue 6, p7
Reports on the possible frequency of breach-of-confidentiality as a takeover defense in litigation involving former employees of unwilling targets of mergers and acquisitions in the United States. Example in the case between ITT Corp. and Hilton Hotels Corp.; Mobile work force from...
- Courts in conflict on 'Dead-Hand' pill. // Mergers & Acquisitions: The Dealermaker's Journal;Jan/Feb99, Vol. 33 Issue 4, p10
Focuses on the rulings of courts in Delaware and Pennsylvania over the use of `dead-hand pills' by businesses to thwart takeovers. Legal conflict created by the rulings; Companies using the dead-hand pill as an anti-takeover defense in 1998.
- Anatomy of a Raid. Sauerhaft, Stanley // Management Review;Nov68, Vol. 57 Issue 11, p9
Describes a hypothetical corporate raid in the U.S. in the late 1960s. Upward movement of a company's stock price due to the actions of a corporate raider; Raider's negotiations with the targeted company; Options available to prevent being raided; Management flaws that led to the raid;...
- The Proposed EU Takeover Directive Makes European Target Companies Vulnerable to Abusive Takeover Tactics - Suggested Modifications. Fischer, Michael R.; Nathan, Charles M. // Venulex Legal Summaries;2003 Q3, p1
An excerpt from the position paper "The Proposed EU Takeover Directive Makes European Target Companies Vulnerable to Abusive Takeover Tactics--Suggested Modifications," by Latham & Watkins is presented.
- The Use and Abuse of Executive Powers in Warding Off Corporate Raiders. Willcox, Tilton L. // Journal of Business Ethics;Jan88, Vol. 7 Issue 1/2, p47
As corporate raids become more prevalent, top corporate executives have asked for and often received additional executive power to ward off raiders or "sharks". For example, they have been given the use of "shark repellent" such as staggered elections for board members, cumulative voting, super...
- Renault's cozy arrangement. Saint-Seine, Sylviane de // Automotive News Europe;05/21/2001, Vol. 6 Issue 11, p10
Comments on the strategy of Renault company on the threat of corporate takeover. Significance of increasing the number of shares held by employees; Information on the stable shareholders of the company; Negative effects of Renault's strategy.