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Simple English definitions for legal terms

takeover defense

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A quick definition of takeover defense:

Takeover defense is a way for a company to protect itself from being taken over by another company that it doesn't want to be taken over by. There are two types of takeover defense: structural and transactional. Structural defense is a legal way for a company to prevent a takeover without changing anything about the company. Transactional defense is when a company does something to make it harder for another company to take it over, like raising its share price or buying expensive assets.

A more thorough explanation:

Takeover defense refers to measures taken by a company to prevent hostile takeover attempts. This can be done through legal mechanisms or financial/operational transactions that make it more difficult for a potential bidder to acquire the company.

This is a legal mechanism that a company can adopt to prevent future takeover bids without affecting its financial or operational status. For example, a company may adopt a provision in its bylaws that requires a supermajority vote for any acquisition or merger.

This involves financial or operational transactions that make it more difficult for a potential bidder to acquire the company. Examples include:

  • Issuing new shares of stock to dilute the value of existing shares and make it more expensive for a bidder to acquire a controlling stake.
  • Acquiring expensive assets that increase the company's value and make it less attractive for a bidder to acquire.
  • Adopting a poison-pill defense, which involves issuing new shares of stock to existing shareholders at a discounted price if a hostile takeover attempt is made. This makes it more expensive for the bidder to acquire a controlling stake.

These examples illustrate how a company can use financial and legal strategies to prevent hostile takeover attempts and protect its interests.

takeover bid | takeover offer

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i cant i would go crazy
JumpySubsequentDolphin
20:50
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JumpySubsequentDolphin
20:50
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20:50
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20:50
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JumpySubsequentDolphin
20:51
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20:52
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JumpySubsequentDolphin
21:32
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JumpySubsequentDolphin
21:32
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JumpySubsequentDolphin
21:34
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JumpySubsequentDolphin
21:35
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JumpySubsequentDolphin
21:35
he has since moved
22:12
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22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
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JumpySubsequentDolphin
22:39
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JumpySubsequentDolphin
22:45
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