The Harvard Business Law Review has published “The High Cost of Fewer Appraisal Claims in 2017: Premia Down, Agency Costs Up” an article we’ve blogged about previously, including commentary from interested authors.  The HBLR piece, by Matthew Schoenfeld, argues that weakened shareholder litigation reduces the acquisition premium in mergers.  This is another contribution to the growing body of work connecting appraisal – and other litigation remedies – to protection of shareholder rights and value.

A copy of the HBLR article is available here.

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