ITALY CONTENTS
6.6 Requirement to Obtain Financing p.955 6.7 Types of Deal Security Measures p.955 6.8 Additional Governance Rights p.955 6.9 Voting by Proxy p.956 6.10 Squeeze-Out Mechanisms p.956 6.11 Irrevocable Commitments p.956 7. Disclosure p.957 7.1 Making a Bid Public p.957 7.2 Type of Disclosure Required p.957 7.3 Producing Financial Statements p.957 7.4 Transaction Documents p.958 8. Duties of Directors p.958 8.1 Principal Directors’ Duties p.958 8.2 Special or Ad Hoc Committees p.958 8.3 Business Judgement Rule p.959 8.4 Independent Outside Advice p.959 8.5 Conflicts of Interest p.959 9. Defensive Measures p.960 9.1 Hostile Tender Offers p.960 9.2 Directors’ Use of Defensive Measures p.960 9.3 Common Defensive Measures p.960 9.4 Directors’ Duties p.960 9.5 Directors’ Ability to “Just Say No” p.960 10. Litigation p.960 10.1 Frequency of Litigation p.960 10.2 Stage of Deal p.961 10.3 “Broken-Deal” Disputes p.961 11. Activism p.961 11.1 Shareholder Activism p.961 11.2 Aims of Activists p.962 11.3 Interference With Completion p.962
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