Former Delaware Supreme Court Justice Andrew G.T. Moore, the author of the landmark Unocal decision that addressed defenses available to a board of directors in respone to hostile takeovers, has published an article with his current insights on the topic. Hat tip to Prof. Larry Ribstein for highlighting the article. Here is a link to Larry’s post on it as well as a link to the article itself: Ideoblog: Moore on Unocal. You can download the article here. The full cite to the case is: Unocal Corp. v. Mesa Petroleum Co., 493 A.2d 946 (Del. 1985).
Among other prior references on this blog to takeover defenses and the Unocal case are the recent post about Professor Bainbridge’s article on the topic here.