Читать книгу Applied Mergers and Acquisitions - Robert F. Bruner - Страница 44

U.S. securities laws limit the extent to which the opposing sides in a hostile takeover contest can engage each other. Material developments mentioned in any conversation with the counterparty may need to be disclosed in public filings with the SEC. This constrains what can be said directly. But through emissaries, it was possible to negotiate a disengagement of the hostile action through a greenmail payment.