Page 82 - מיזוגים ורכישות - פרופ' אהוד קמר תשפב
P. 82

C&J thus offers practical guidance for transaction planners by reaffirming that
Revlon does not mandate any specific sales procedure. It is an important decision that
recognizes stockholder value is best served by legal rules that give well-motivated and
engaged boards the discretion necessary to craft effective sales processes.

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