Proxy Tactics Are Changing: Can Advance Notice Bylaws Do What Poison Pills Cannot?

By John C. Coffee, Jr. October 19, 2022 by renholding

Military strategy and takeover strategy share a few things in common. At some point, generals and M&A lawyers each must recognize that the old technology no longer works as it did in the past and can no longer dominate the …

Poison Pills in a World of Activism and ESG

By Caley Petrucci and Guhan Subramanian May 23, 2022 by renholding

Since the creation of the poison pill in the 1980s as a response to hostile takeovers, the corporate world has seen the rise of stakeholder governance, ESG, and stockholder activism and a host of other dramatic developments. The stock market …

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Proxy Tactics Are Changing: Can Advance Notice Bylaws Do What Poison Pills Cannot?

Poison Pills in a World of Activism and ESG