Invoking Protective Conditions to Terminate Public Mergers and Acquisitions Transactions
Bidder protective conditions (such as material adverse change clauses) are used by bidders in takeover offers of publicly listed targets, allowing them to withdraw their offers costlessly when events specified in such conditions occur. This article examines the scope and efficacy of protective condi...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2011
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/951 |
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| Institution: | Singapore Management University |
| Language: | English |