Mahoney, Paul G; Weinstein, Mark - In: American Law and Economics Review 1 (1999) 1-2, pp. 239-75
The appraisal remedy affords corporate shareholders the option to redeem their shares for cash in the event of certain transactions, including mergers. Access to appraisal for publicly traded shares, however, differs from state to state. We present the first large-sample empirical study of the...