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European Company and Financial Law Review

Ed. by Bergmann, Alfred / Fleischer, Holger / Goette, Wulf / Hirte, Heribert / Hommelhoff, Peter / Krieger, Gerd / Merkt, Hanno / Teichmann, Christoph / Vetter, Jochen / Weller, Marc-Philippe / Wicke, Hartmut

4 Issues per year


SCImago Journal Rank (SJR) 2017: 0.258
Source Normalized Impact per Paper (SNIP) 2017: 2.167

Online
ISSN
1613-2556
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Volume 1, Issue 4

Issues

The Mandatory Bid Rule in the Takeover Directive: Harmonization Without Foundation?

Luca Enriques
  • * Professor of Business Law, University of Bologna and ECGI Research Associate. E-mail address: luca.enriques@unibo.it
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Published Online: 2012-04-18 | DOI: https://doi.org/10.1515/ecfr.2004.1.4.440

The following article critically evaluates the mandatory bid rule in the new Takeover Directive. It questions the rationale and the effectiveness of this central feature in light of the wide discretion left to the Member States, in particular regarding the permissibility of defensive measures, and ends with provocative views on “cui bono?”.

About the article

Published Online: 2012-04-18

Published in Print: 2004-12-01


Citation Information: European Company and Financial Law Review, Volume 1, Issue 4, Pages 440–457, ISSN (Online) 1613-2556, ISSN (Print) 1613-2548, DOI: https://doi.org/10.1515/ecfr.2004.1.4.440.

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[1]
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Journal of Corporate Law Studies, 2007, Volume 7, Number 1, Page 17

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