Takeovers: matching rights and deal protection - market practice analysis

Resource type: Legal update: archive

Status: Published on 03-Nov-2006

Jurisdiction: United Kingdom

Against the background of a booming public takeover market, an increasing number of bidders are seeking protection for their deals by asking target companies to supplement break fees with matching rights that give the recommended bidder the right to keep its recommendation if it betters or matches a competing bid.
Sara Catley, PLC.

Register for free access

To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Register using the button below, telephone +44 (0)20 7202 1220 or e-mail info@practicallaw.com.

A free trial will give you:

✔ Unlimited access to Practical Law online know-how
✔ Thousands of market standard documents and clauses
✔ Daily alerts and weekly update e-mails on key legal developments in your practice area
 

Register

Log in

To access this resource, log in below or register for free access.

Contact us

Our customer services team are available every working day 8.30am to 7pm (GMT).

Actions
Resource information
Show resource details Hide resource details
  • Resource ID: 5-205-6304
  • Published: 03-Nov-2006
  • Products:  PLC UK Corporate, PLC UK Law Department, PLC UK Public Sector
Ask a question
Print
Related content
Related content
Topics
Articles
{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247247691294", "objName" : "Takeovers matching rights and deal protection - market practice", "userID" : "2", "objUrl" : "http://crossborder.practicallaw.com/cs/Satellite/5-205-6304?source=relatedcontent", "pageType" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-37970f6d:13ebe61cf9d:-653e", "analyticsSessionCookie" : "2-37970f6d:13ebe61cf9d:-653d", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }