Lipton Rebuts Latest Bebchuk Theory on Poison Pill Defense

, The American Lawyer

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Not surprisingly, Wachtell founding partner Martin Lipton has penned a scathing response to a recent paper in which Harvard Law School professor Lucian Bebchuk and a colleague suggested that a 45-year-old federal law is the best weapon for defeating the so-called poison pill defense against unsolicited corporate takeovers.

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