The article discusses the Delaware Supreme Court's decision in the case 'Revlon, Inc. v. MacAndrews & Forbes Holdings Inc.' in which the court sale of corporate control, the target's board of directors has a duty to maximize stockholder value. Topics discussed include relationship between the deal protection devices and sale process; golden ratio of corporate deal-making; and the court's definition of an ideal merger and acquisition of a sale process.
MacAndrews & Forbes Holdings Inc. -- Trials, litigation, etc., Business enterprises -- Law & legislation, Legal status of stockholders, Consolidation & merger of corporations -- Law & legislation -- United States, Corporation law -- United States
Date of Authorship for this Version
Sautter, Christina M., "The Golden Ratio of Corporate Deal-Making" (2016). Journal Articles. 415.