“THERE MOST CERTAINLY WAS A ‘TOMORROW’”: CHANCERY COURT FINDS REVLON REVIEW NOT TRIGGERED WHEN ACQUIRER STOCK CONSTITUTED 58% OF MERGER CONSIDERATION
Robert S. Reder & Connor J. Breed | 75 Vand. L. Rev. En Banc 87 (2022) |
Opinion also indicates that technical noncompliance with DGCL § 203 will not trigger supermajority voting requirements for a negotiated transaction not subject to “abusive takeover tactics.”
AUTHORS:
Robert S. Reder
Connor J. Breed