![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2012/10/ed-batts.jpg?w=112&h=136&crop=1)
Do Impending Delaware Law Changes Mean a Seismic Shift for Cash Tender Offers in Business Combinations?
Delaware appears almost certain to adopt changes that would become effective August 1 to the Delaware General Corporation Law (DGCL) which would change the process for back-end mergers after a tender offer closes.
Under this change, a Buyer of over …