What is an Anti-Takeover Statute?
An anti-takeover statute is a law designed to deter companies from launching hostile takeovers of other companies.
How Does an Anti-Takeover Statute Work?
Anti-takeover statutes exist in some places in order to protect the autonomy and interests of companies incorporated in those states. Though their character differs from state to state, anti-takeover statutes either prohibit takeovers or set forth penalties against forcibly purchasing companies.
Why Does an Anti-Takeover Statute Matter?
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.