August 1, 2007
The Return of the Tender Offer (Redux)
Three weeks ago I penned a post on the The Return of the Tender Offer. Yesterday, Theodore Mirvis a partner at Wachtell, Lipton, Rosen & Katz posted to the Harvard Corporate Governance Blog a memorandum issued by Wachtell last week on the same subject. It is worth a read for those wanting a highlight of the benefits tender offers provide over mergers. And nice to know we are in agreement on the return of the beloved '80s structure, particularly since I was a week or two ahead of those super-fast Wachtell lawyers.
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