Guidelines on advance defences to hostile take-overs

dc.contributor.authorMurphy, A J A
dc.date.accessioned2024-10-17T12:09:15Z
dc.date.available2024-10-17T12:09:15Z
dc.date.issued1993
dc.date.updated2024-07-12T07:35:41Z
dc.description.abstractTake-overs A take-over involves a change of control of a company.1 This occurs when the , existing shareholders of a target (or offeree) company transfer sufficient shares to an offeror so as to give to the offeror control of the voting power attaching to the target company's share cap~tal.2 This will occur - (a) where the offeror acquires all or over 50% of the voting shares in the target company; or (b) depending on the nature of the shareholding structure of the target company, effective de facto control may be achieved with less than a 50% shareholding in the target company. Shareholders in many large companies do not bother to vote in person or by proxy at general meetings of shareholders so that a 30% shareholding may give de facto control over a target company.3
dc.identifier.apacitationMurphy, A. J. A. (1993). <i>Guidelines on advance defences to hostile take-overs</i>. (). ,Faculty of Law ,Centre for Law and Society. Retrieved from http://hdl.handle.net/11427/40580en_ZA
dc.identifier.chicagocitationMurphy, A J A. <i>"Guidelines on advance defences to hostile take-overs."</i> ., ,Faculty of Law ,Centre for Law and Society, 1993. http://hdl.handle.net/11427/40580en_ZA
dc.identifier.citationMurphy, A.J.A. 1993. Guidelines on advance defences to hostile take-overs. . ,Faculty of Law ,Centre for Law and Society. http://hdl.handle.net/11427/40580en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Murphy, A J A AB - [page 6 missing] Take-overs A take-over involves a change of control of a company.1 This occurs when the , existing shareholders of a target ( or offeree) company transfer sufficient shares to an offeror so as to give to the offeror control of the voting power attaching to the target company's share cap~tal.2 This will occur - (a) where the offeror acquires all or over 50% of the voting shares in the target company; or (b) depending on the nature of the shareholding structure of the target company, effective de facto control may be achieved with less than a 50% shareholding in the target company. Shareholders in many large companies do not bother to vote in person or by proxy at general meetings of shareholders so that a 30% shareholding may give de facto control over a target company.3 DA - 1993 DB - OpenUCT DP - University of Cape Town KW - Law LK - https://open.uct.ac.za PY - 1993 T1 - ETD: Guidelines on advance defences to hostile take-overs TI - ETD: Guidelines on advance defences to hostile take-overs UR - http://hdl.handle.net/11427/40580 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/40580
dc.identifier.vancouvercitationMurphy AJA. Guidelines on advance defences to hostile take-overs. []. ,Faculty of Law ,Centre for Law and Society, 1993 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/40580en_ZA
dc.language.rfc3066eng
dc.publisher.departmentCentre for Law and Society
dc.publisher.facultyFaculty of Law
dc.subjectLaw
dc.titleGuidelines on advance defences to hostile take-overs
dc.typeThesis / Dissertation
dc.type.qualificationlevelMasters
dc.type.qualificationlevelLLM
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