23Sep
Termination Fee Exclusivity Does Not Apply to No Shop Breach
Merger agreements entered into by Delaware corporations commonly include fiduciary out provisions in order to satisfy director fiduciary duty requirements to secure the best value reasonably available to stockholders under the Revlon rule. The...
By:
Locke Lord LLP
Source Url: https://www.jdsupra.com/legalnews/termination-fee-exclusivity-does-not-35994/
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