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The Second Edition, written by Robert B. Thompson, a leading scholar and
teacher in the field, equips students with the legal rules and economic
and financial principles they will need to help clients make keen
strategic choices during an acquisition. Mergers and Acquisitions: Law
and Finance offers up-to-date and rich, yet succinct, coverage with the
perfect mix of theory and practice. Features:
Cases and materials illustrating the continued judicial tolerance of
poison pills, still the most important takeover defense (the Air
Products decision)
The changing use of staggered boards in the fact of institutional
shareholder criticism (e.g., willing to vote against directors who
don't remove classified boards) and litigation (the Air Products
decision)
Judicial efforts to develop a uniform standard for cash-out merger

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