Anti-takeover Statute

Categories: Mergers and Acquisitions,

A set of regulations in a state that will help to prevent or deter a company from attempting to initiate hostile takeovers. These regulations will tend to vary from state to state and they will typically affect only the companies that are incorporated in that particular state. Even though this statute is intended to restrict predatory takeovers, it will sometimes be determined to shareholders by preventing companies from partaking in profitable or justified takeovers.