Getting the Shareholder Vote
Learn about the rules governing shareholder voting, including the federal rules regulating proxy solicitation.
Transcript
Obtaining shareholder approval is a critical step in most M&A deals.
I. Shareholder Approval
The precise requirements for shareholder approval vary depending on the transaction's structure and the applicable state law.
As you may recall from our chapter on transaction structures, a vote of shareholder approval is inherently required in proxy contests. Similarly, the approval of both the acquiring and target companies’ shareholders is almost always required for mergers. Shareholder approval...
