Takeover panel protects target companies with rule changes – OUT-LAW.com

Posted October 22nd, 2010 in financial regulation, news, shareholders, takeovers by sally

“Long term investors’ interests are too easily damaged by hostile takeovers, the Takeover Panel has said. It will amend the City’s rules on takeovers of publicly traded companies to protect the existing shareholders of target companies.”

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OUT-LAW.com, 21st October 2010

Source: www.out-law.com