Topic
Proxy Contests
57 published works
M & A Law Prof Blog
Poison pill in Delaware court on Tuesday
By CorporateAcquisitions MergerLawBlogger
So, tomorrow Chancellor Chandler will take up the question of whether to order the Airgas board to pull its pill. Air Products, you'll remember, has been pursuing Airgas for many…
M & A Law Prof Blog
Next Steps in BKS Drama
By CorporateAcquisitions MergerLawBlogger
I've been following developments in the Barnes & Noble/Burkle drama for a few months now. I'll admit I was a little surprised when Burkle and BKS let an opportunity to…
M & A Law Prof Blog
Yucaipa v Barnes & Noble (day 3)
By CorporateAcquisitions MergerLawBlogger
Once again thanks to the folks at Courtroom View Network, court in Yucaipa v Barnes & Noble is back in session with VC Strine presiding. Nachbar has some initial objections…
M & A Law Prof Blog
Pills in Court Today
By CorporateAcquisitions MergerLawBlogger
It's been a busy day in Delaware - thanks to the wonders of the Internet and Courtroom View Network, I've been watching the Versata v Selectica appeal before the Delaware…
M & A Law Prof Blog
Bainbridge on State Takeover Laws
By CorporateAcquisitions MergerLawBlogger
You'll remember that state anti-takeover laws received a little bit of attention after Guhan Subramanian et al posted their paper, Is Delaware's Anti-takeover Statute Unconstitutional: Evidence from 1998-2008, asking the…
M & A Law Prof Blog
Burkle Sues BKS to Pull Pill
By CorporateAcquisitions MergerLawBlogger
Investor Ron Burkle has had an ongoing dispute with the Barnes& Noble board over the shareholder rights plan it put in place recently. Burkle claims the board adopted it to prevent…
M & A Law Prof Blog
Astellas Launches Proxy Battle
By CorporateAcquisitions MergerLawBlogger
You'll remember that Astellas made a hostile offer for OSI Pharmaceuticals earlier in the month. Along with their offer, they sued in Delaware to get the OSI board to consider…
ContractsProf Blog
Business Associations Limerick of the Week: Rosenfeld v. Fairchild Engine
The issue in Rosenfeld is whether a corporation must pay for expenses incurred in connection with a proxy fight when the insurgent group wins the proxy fight and gains control…
Securities Law Prof Blog
Pickens Supports Icahn’s Proxy Fight to Replace Yahoo Board
T. Boone Pickens said he bought 10 million shares of Yahoo and supports Carl Icahn's effort to replace the Yahoo board. While some other big shareholders have indicated their support…
Securities Law Prof Blog
Icahn Will Run Slate for Yahoo Board
Carl Icahn plans to launch a proxy contest to replace all ten of Yahoo's directors, with the goal of pressuring the company to resume merger negotiations with Microsoft. The Yahoo…