The second part is arguments of value over takeover and takeover defense.

第二部分主要是关于收购与反收购的一些价值争论。

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The thesis deals with the concept and form of the takeover defense of corporation in the U.

本文论述了美国公司反收购的概念与形式；

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Takeover defense is a very important segment of corporate governance, which can maintain the stability of managerial career and reduce the inefficiency turnover.

接管壁垒是治理结构的一个重要环节，它在维护企业家职位稳定性的同时，可以防止和减少低效率更替的发生。

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Blank-check preferred is usually used as a takeover defense and hedge-fund managers typically want to take this weapon away.

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In any other context, the company would be viewed as ripe for acquisition, but its JVs make for a more effective takeover defense than even the best poison pills ever devised.

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He might even resort to ImClone's poison-pill defense, which makes a takeover impossible by flooding the market with new shares if a buyer acquires more than 19.9% of the stock without the board's approval.

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