Remove firms post-schell
article thumbnail

Redemption Mechanisms in Poison Pills: An Underappreciated Element of Takeover Defense

Reynolds Holding

While the difference between these alternatives may sound like it is not that big of a deal, we show in a new paper that it actually is – but that not all law firms seem to appreciate this. As a result, many of the top-tier law firms will not want to be named in the pill documents to avoid other law firms free riding on their expertise.

Finance 59