Limiting the rights of short-term shareholders during takeover bids: practical and legal issues
Note from round table discussion with expert stakeholders about the possibility of limiting the rights of short-term shareholders during a takeover bid.
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Discussion with expert stakeholders about the possibility of limiting the rights of short-term shareholders during a takeover bid. The discussion concluded that it would be extremely difficult to introduce this policy measure because of a series of legal and technical issues. It also concluded that the measure would not prevent short-term shareholders influencing a takeover bid.
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