The Washington DC Chapter of Women Corporate Directors presented this event discussing key considerations for a board evaluating an acquisition either as the buyer or the target. With more companies hunting for targets and becoming targets themselves, it is even more important for directors of companies to understand and be ready to exercise their fiduciary duties properly when they want to launch an offer to acquire a company or when they receive an offer to be acquired. Determining what a board’s fiduciary duties are, when they apply and how they are fulfilled in the high-stakes, and often time-sensitive, context of an acquisition becomes the challenge for a board and its advisors.
WilmerHale partners Stephanie Evans and Jamie Gorelick were featured speakers at this event.