Poison Pill

Working Paper

The Case for an Unbiased Takeover Law (with an Application to the European Union)

Takeover regulation should neither hamper nor promote takeovers, but instead allow individual companies to decide the contestability of their control. Based on this premise, we advocate a takeover law exclusively made of default and menu rules...Read more

Luca Enriques
Ronald Gilson
Alessio Pacces
01 May 2013

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