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Corporate Governance

: The Harvard Law School Corporate Governance Blog

UK Takeover Panel Publishes Review of Takeover Rules

By Harvard Law School Program on Corporate Governance

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Editor?s Note: Andrew J. Nussbaum is a member of the Wachtell, Lipton, Rosen & Katz Corporate Department. This post is based on a Wachtell Lipton firm memorandum by Mr. Nussbaum, Adam O. Emmerich, David A. Katz and Steven A. Cohen.

The UK Panel on Takeovers and Mergers yesterday published the conclusions of its review, commenced in June 2010, regarding possible amendments to the UK Takeover Code, which governs the conduct of takeover bids involving UK listed companies. The review, conducted by the Code Committee of the Takeover Panel, was prompted by Panel, investor and governmental criticism of certain takeover practices in recent years, including in a number of highly publicized and controversial takeover situations in the UK market.

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Full post as published by The Harvard Law School Corporate Governance Blog on October 30, 2010 (boomark / email).

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