What If the Facts Were Different? Suppose that the Airgas board had opposed the takeover in order

Question:

What If the Facts Were Different?

Suppose that the Airgas board had opposed the takeover in order to perpetuate the directors’ own corporate power, and not to preserve shareholder value. Would the result have been the same? Explain.

The Social Dimension

One reason for using a poison pill defense is to gain time for the shareholders of a target corporation to obtain the information they need to make an informed decision about a tender offer. How much time is enough?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...