ISRAEL Law and Practice Contributed by: Barak Platt, Micki Shapira, Liron Hacohen and Nataly Margalit, Arnon, Tadmor-Levy
in controlling shareholder transactions or executive compensation approvals, the discussion between the company and activists takes place before the trans - action is announced, subject to confidentiality, and before the transaction is brought to a meeting of the shareholders for approval. In rare cases, due to opposition from activists to approve a controlling shareholder transaction, the company is forced, after the transaction terms are announced, to reopen negotiations with the control - ling shareholder, in order to improve the terms for the minority shareholders.
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