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Crisis And Proposed Solution: Half A Century Of Corporate Law

Deutsch, Jan
Keywords
Greenmail
 stock
 capitalism
 corporate stock
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Faculty Scholarship Series
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Crisis_and_Proposed_Solution_Half_a_Century_of_Corporate_Law_59ConnBarJournal283.pdf
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Abstract
"Greenmail" refers to purchases, at a premium over the market price, of shares of a corporation's stock from persons making a takeover bid. Greenmail can be seen as an aspect of the self- regulatory process, the combination of business practices and legal formalities, which defines United States capitalism. The reality of the system characterized by greenmail, however, involves a good deal more than self-regulation.
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http://hdl.handle.net/20.500.13051/3429