M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Monday, January 25, 2010

Arsenal Update

What does Stan Kroenke have up his sleeve?  He's 17 shares away from crossing the 30% threshold and then being required to make an offer for all of the outstanding shares of the Arsenal Football Club.  Here's the update.   Might it involve a sale of the St. Louis Rams?  Kroenke has a right of first refusal as well a go-along provision with respect to the Rams.  Kroenke could end up going along with the Rosenblooms when they sell and then use the proceeds to launch on offer for Arsenal.  

-bjmq

http://lawprofessors.typepad.com/mergers/2010/01/arsenal-update.html

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