Break-ups, Bear Hugs, and Go-Shops: Responding to a Hostile Approach and Selling a Public Company

• 3.14.2012 | 7:00 AM - 9:30 AM
• The Ritz-Carlton
  Tysons Corner, 1700 Tysons Boulevard
  McLean, Virginia 22102

WilmerHale Partner Michael Levitin will speak on a panel offering insight on strategy, tactics, and responsibilities in handling a public company sale, while considering the facts of actual transaction. The panel includes deal counsel and a director of the acquired company. These points will include:

• How should a company respond to an unsolicited “bear hug” letter?
• When should a company adopt a “poison pill” in response to a hostile inquiry?
• If a Board receives a “compelling” offer that it wants to accept, must it still shop the company?
• How does a “go-shop” process work?
• What are reasonable defensive measures for a deal?
• How should a Board conduct itself to minimize shareholder litigation risk?