We exploit the arrival of industry-wide synergistic merger waves to identify whether classifiedboards deter takeover … substantially reducesthe likelihood of receiving a takeover bid during merger waves, but has no meaningful effect onbid frequency in …

minority shareholders. While a freeze-out executed as a statutory merger is subject to stringent entire fairness review, the … shareholders, on average, when it uses a tender offer compared to a merger. This difference between tender offers and mergers seems … Delaware Chancery Court held in In re Siliconix Shareholders' Litigation that a freeze-out executed as a tender offer is not …

ownership structure affects a firm's intermediate merger process …

The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal … or unlisted) acquired on the stock returns of the acquiring companies' shareholders.The results indicate that M …&A generate statistically significant abnormal returns on the announcement as well as higher post M&A returns for shareholders of …

created by a merger, the combined firm return plays a key role in differentiating competing merger theories and is quantified … generally create wealth, as shareholders at best realize modest gains and at worst break even …

This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … the German Reorganisation Act (UmwG). A merger passed at the General Annual Meeting will not move forward as long as any … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders …