leadership1 distinct publisher
A 51-deal review finds almost nothing material in supplemental merger disclosures
Melissa Sawyer's sample of large all-cash deals reports that over three-quarters of supplemental disclosures echo details courts have called immaterial, which turns the reflex to pay a mootness fee from prudence into a standing subsidy.
Publishers:corpgov.law.harvard.edu
Reality
- Evidence44
- Adoption
- Insufficient
- Hype gap+16
- Incentives68
- Confidence