Activism and Takeovers

Activism and Takeovers | The Review of Financial Studies

When a bidder can gain control either by engaging in a merger, given the firm is forced to do so by an activist, or in a hostile tender offer, the activist can ...

Investor activism and takeovers - Harvard Business School

From the perspective of the activist, exiting the position in the stock via a merger or a takeover is doubly beneficial: it generates a high premium, as well as ...

Activism and Takeovers

Hostile takeovers have long been considered the quintessential disciplinary governance mechanism, but a similarly confrontational strategy ...

Activism and Takeovers - European Corporate Governance Institute

is too little takeover activism given that potential takeover activists may free-ride on tender offers ... the same time, it can promote takeover activism, and ...

Activism and Takeovers - ECGI

... activism. Keywords: Hedge fund activism, takeover activism, merger activism, hostile takeovers, tender offers, market for corporate influence, market for ...

Shareholder Activism & Takeover Defense - Latham & Watkins LLP

Latham acts on behalf of public company boards and management teams to aggressively repel the most sophisticated activist attacks and ensure companies ...

Investor Activism and Takeovers - Article - Faculty & Research

We show that firms that are targeted by activists are more likely to get acquired than those in a control sample. Finally, we show that the portfolios managed ...

Activism and Takeovers - IDEAS/RePEc

Third, such takeover activism earns superior returns. More broadly, our theory implies that activists specialize in governance reforms with limited, temporary ...

Hedge Fund Activism vs. Hostile Takeover Bids - CEAR

Activists can hence contribute to a more efficient control allocation by brokering takeovers, along the extensive margin (takeover activity) as well as the ...

Shareholder Activism & Takeover Defense Lawyers - Goodwin

Goodwin has externsive experience in protecting public companies from activist attacks. Our team provides tailor-made strategies for every type of client ...

Public M&A, Hostile Takeovers and Shareholder Activism

This chapter discusses three main components of public company activity: initial public offerings (IPOs) and dual listings, hostile takeovers and shareholder ...

Shareholder Activism & Hostile Takeover Defense | Services

Overview. Kirkland has successfully defended our clients against all of the leading activists, as well as numerous first-time and unconventional actors. ... We ...

Shareholder Activism & Takeover Defense - Paul Hastings LLP

Top shareholder activism and takeover defense team with decades of experience in advising and successfully defending against activist shareholders' ...

Activism and Takeovers - OneSearch - Ex Libris

Abstract We compare activism and takeovers from the perspective of a blockholder who can provide effort to improve firm value. We show that free-riding ...

Activism and takeovers - LSE Research Online

Third, such takeover activism earns superior returns. More broadly, our theory implies that activists specialize in governance reforms with ...

Ten Questions for Board Chairs Preparing for Activism and Hostile ...

anti-ESG, Caremark, ESG disclosure, Hostile takeover, Risk, Shareholder activism. More from: Bob Hayward, Daniel Wolf, Eric Schiele, ...

Investor activism and takeovers - ScienceDirect.com

We show that these returns are largely explained by the ability of activists to force target firms into a takeover.

Activism and Takeovers by Mike Burkart, Samuel Lee - SSRN

Abstract. We compare activism and takeovers from a blockholder's perspective who can invest effort into improving firm value. Profits from the ...

Investor Activism and Takeovers - ResearchGate

Investor Activism and Takeovers ... Recent work documents large positive abnormal returns when a hedge fund announces activist intentions regarding a publicly ...

Activist Hedge Funds and Takeovers: Their Effects on Employment ...

Although AHFs are involved in relatively few takeovers, our results show significant relationships between AHFs and post-merger employment ...