In recent years, the number and type of merger agreement lock-ups have significantly increased, a phenomenon we term "lock-up creep". Not only have new lockups arisen, but the terms of these lock-ups have become ever-more negotiated, intricate, and varied This Article analyzes the causes of lock-up creep and assesses lock-up creep's effect on the takeover market.
Sautter, Christina M., "Lock-Up Creep" (2013). All Scholarship. 16.