search query: @author Bergström, C. / total: 3
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| Author: | Bergström, C. Högfeldt, P. |
| Title: | The equal bid principle: An analysis of the thirteenth council takeover directive of the European Union |
| Journal: | Journal of Business Finance and Accounting
1997 : APR, VOL. 24:3/4, p. 375-396 |
| Index terms: | EQUALITY BIDDING MINORITY GROUPS REGULATIONS EUROPEAN UNION MERGERS |
| Language: | eng |
| Abstract: | The economic consequences of a proposal from the EU Commission: The amended proposal for a thirteenth Council Directive on company law, concerning takeover and other general bids (1990), are analyzed in this study. The Directive enforces a potential bidder to extend the same offer price to all shareholders by implementing the Equal bid principle. It may be that the effect of the Equal bid principle is opposed to the declared goal of protecting the economic interests of shareholders in the target company. |
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