Did SB21’s Changes to Delaware Corporate Law Harm Shareholders?
Reynolds Holding
APRIL 15, 2025
We also examined whether DE Companies underperformed Non-DE Companies on specific dates with notable events related to SB21. [5] This simple analysis does not support the perspective that the market viewed the passage of SB21 as negative for shareholders of DE-incorporated companies. No Evidence that SB21 Has Hurt Shareholders.
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