Full Description
Providing a clear and comprehensive exposition of takeover law in the UK, this book analyses the principles behind the Takeover Code, explaining the origin, effect, and operation of the rules and regulation with reference to practice and theory.
Set in an economic context, the book includes coverage of the jurisprudence of the Takeover Panel, and offers an in-depth understanding of takeover regulation while also providing a degree of context and background to make sense of the regulation. A thoughtful explanation of takeover law, this is a valuable resource for the field of takeover law.
Contents
1: The Market for Corporate Control: Value, Stakeholders and Governance
2: Deal Structures
3: Origins: The Creation of the Takeover Code
4: The Modern Takeover Code and Takeover Panel
5: Announcement and the Offer Dance
6: The Voluntary Offer
7: Deal Risk: Bid Conditionality and Deal Protections
8: The Mandatory Bid
9: Regulating Timetable and Disclosure
10: Regulating Board Discretion: Directors' Duties
11: Hostile Takeovers and the Non-Frustration Rule
