We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Can’t hurt to ask

6 December 2012 By Reynolds Holding

An obscure but common provision in merger deals bans suitors from seeking to be freed from agreements not to go hostile. A U.S. judge now says such “don’t ask, don’t waive” terms are basically moot. It’s a small but significant win that should help enhance value for shareholders.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)