(0.5 General California MCLE) The poison pill, the Pac-Man, golden parachutes – hostile takeover defense mechanisms have colorful names and colorful stories to accompany them. Professor Morley breaks down the strategies of hostile business acquisitions, the tools used to defend against them, and explains how the landscape of mergers and acquisitions has changed since the 1980s.
Professor John Morley of Yale Law School is an expert in organizational law and investment management. He teaches courses on business organizations and securities regulations. He was an Associate Professor of Law at the University of Virginia School of Law and the director of the school’s Law & Business Program.