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Takeovers: Rise of the Go-Shop Clause by Nicholas Unkovic
Squire, Sanders & Dempsey L.L.P.
Palo Alto Office
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August 28, 2009
Previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine on November 2008
The trend that has developed in recent
years toward "go-shop" clauses in
takeover agreements is accelerating -- nearly
a third of all takeovers now rely on them.
For in-house counsel who find their
company on either side of a takeover bid,
understanding the nuances of the go-shop
clause has become essential.By Counsel to Counsel Editor Steven Andersen
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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