Control actions - Regulatory problems in control transactions - Agency and coordination issues
3 important questions on Control actions - Regulatory problems in control transactions - Agency and coordination issues
What are the defensive measures that the incumbent management of a target may have to block transfers of a control transaction? TQ
P 207-208
1. Placing a block of the target's shares in the hands of persons not likely to accept a hostile bid
2. Structuring the rights of the shareholders and creditors, for example, through poison pills
3. Placing strategic assets outside the reach of a successful bidder
1. Placing a block of the target's shares in the hands of persons not likely to accept a hostile bid
2. Structuring the rights of the shareholders and creditors, for example, through poison pills
3. Placing strategic assets outside the reach of a successful bidder
What is the constituency statute in the US? TQ
P 209
The constituency statute: a state antitakeover statute, targeted at ensuring survival and promoting the interest of non-shareholder groups of the target company, such as employees
The constituency statute: a state antitakeover statute, targeted at ensuring survival and promoting the interest of non-shareholder groups of the target company, such as employees
What is another way except for the constituency statute that employees can promote their interests in a takeover? TQ
P 210
Employee representatives are often members of the supervisory board. (happens in Germany)
Employee representatives are often members of the supervisory board. (happens in Germany)
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
