Review of the Literature on Defensive Tactics to Surprise Cash Tender Offers, A

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Authors

Blunk, Richard A.

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1980

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13

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INTRODUCTION|Several features of the cash tender offer may account for its expanded use in recent years. At least part of this increase is attributable to the respectability this effective acquisition technique has gained in legal and investment banking circles. In comparison to proxy contests, for example, the cash tender offer is generally considered to be faster, cheaper, simpler, and more likely to surprise target management. Cash tender offers are also usually more effective if target management resists or if the stock of the target is widely held...

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13 Creighton L. Rev. 909 (1979-1980)

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Creighton University School of Law

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