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Contingent value rights: a new takeover currency?
Practical Law UK Articles 4-385-2052 (Approx. 12 pages)
Contingent value rights: a new takeover currency?
by Michael Shaw, Gavin Davies, Mark Bardell and Kelly Bassett, Herbert Smith LLP
| Published on 19 Mar 2009 |
An explanation of the innovative use of CVRs in the takeover offer made by EDF for British Energy and a consideration of the wider lessons.