Delaware Corporate Law and Poison Pills

Posted on February 19, 2010 by Francis Pileggi

Professor Bainbridge compiles commentary of others and excerpts from his own scholarship on Delaware corporate law aspects of the poison pill as well as the doctrinal underpinnings of the board’s authority, for example, to reject an unsolicited offer and otherwise control the process of merger negotiations (as opposed to the shareholders negotiating with a suitor). Here is the post. Professor Bainbridge is a proponent of director primacy.