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?



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  • CreatedJune 18, 2014
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