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Article

Jones Day | USA | 7 Jun 2011

Delaware Court of Chancery clarifies Revlon applicability in mixed-consideration transactions

In a shareholder action claiming a target company's board breached its Revlon duties, Vice Chancellor Donald F. Parsons, Jr. of the Delaware Court of Chancery recently held the heightened standard of review under Revlon applied to a merger where shareholders were to receive 50 percent cash and 50 percent stock for their shares.

Article

Jones Day | USA | 27 Oct 2010

Barnes & Noble defends poison pill adopted in context of proxy contest in Yucaipa

The Delaware Chancery Court decision validates the use of a rights plan in the context of a potential proxy contest.

Article

Jones Day | USA | 30 Jan 2009

Investor group intentionally triggers "poison pill"

Public companies have used shareholder rights plans, or "poison pills," as a takeover defense for more than 20 years.

Article

Jones Day | United Kingdom | 30 Sep 2008

Statutory duties of directors of English companies as from 1 October 2008

All directors of public and private companies incorporated in England and Wales are subject to certain duties and responsibilities under English law.

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