Go-Shops: Market Check Magic or Mirage?

Posted by Mark A. Morton, Potter Anderson & Corroon LLP (Delaware), on Friday May 11, 2007 at 4:21 am
  • Print
  • email
  • Twitter
Editor’s Note: This post is by Mark A. Morton of Potter Anderson & Corroon LLP.

I recently submitted a new paper, Go-Shops: Market Check Magic or Mirage? for a panel entitled Selling to Private Equity at the 27th annual Ray Garrett Jr. Corporate and Securities Law Institute, hosted by the Northwestern University School of Law.  The article traces the evolution of “go-shops,” discusses the alleged advantages of using a “go-shop,” and suggests that there are a number of circumstances in which a “go-shop” will not materially improve the sales process.  In addition, the article includes a chart summarizing the material terms of every “go-shop” provision used in a public deal since the device first appeared.

 

Add your comment below:

(required)

(required but not published)

RSS feed for comments on this post. TrackBack URI

 
  •  » A "Web Winner" by The Philadelphia Inquirer
  •  » A "Top Blog" by LexisNexis
  •  » A "10 out of 10" by the American Association of Law Librarians Blog
  •  » A source for "insight into the latest developments" by Directorship Magazine