Author: Koryogdiev, Bobur Umidjon Ugli; Nechaeva, Elena Vladimirovna
Annotation: Profitable businesses are always at risk of becoming prey for others. At the same time, corporations are often taken over by competitors. In such circumstances, methods of protection against unfair takeovers are more important than ever. This article compares the concept of hostile takeovers and the types of mechanisms to combat it on the example of several states practice. The hostile takeovers appear to be the most complex and vital topic in corporate law. This article may be helpful with simplifying the main points and comparing hostile takeover defenses.
Keywords: hostile takeover, merger, acquisition, “poison pill”, white night, proxy contest.