M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Wednesday, December 29, 2010

Lipton on Shareholder Rights Plans

Marty Lipton is widely regarded as the creator of the poison pill.  He is interviewed by The Deal and walks through his motivations for developing the poison pill during the hostile takeover boom of the 1980s.  Notwithstanding criticism from the academics (especially law professors) his view with respect to the pill was accepted by the Delaware Supreme Court.

-bjmq

(h/t The Conglomerate)

http://lawprofessors.typepad.com/mergers/2010/12/lipton-on-shareholder-rights-plans.html

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