The Art of Written Consent Solicitations
Deal Lawyers
May 26, 2011
This article discusses consent solicitations in corporate takeovers: hostile takeovers and unsolicited offers but in important takeover strategies. It reviews different state statutes and noteworthy case law, illustrating how consent solicitation continues to play an active role in both pushing bids forward and to block them. The article also provides pointers on how corporations can respond in various takeover situations.