|
These laws impose a moratorium on certain kinds of transactions (e.g., asset sales, mergers) between a large shareholder and the firm for a period usually ranging between three and five years after the shareholder's stake passes a pre-specified (minority) threshold. These laws are in place in more than half the U.S. states. Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.
|
Related Articles
Investment bank
Conglomerate merger
Business combination
Bank and Tech Mergers and Acquisitions
Microgen Pursues AFA Systems
Similar Areas
Finance Items
Selected Books
Keywords
Business Combination laws
business combination
asset sales
mergers
large shareholder
pre-specified threshold
|