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Anti–Takeover Legislation after CTS Corp. v. Dynamics Corp. of America: The Acceptance of Control Share Regulation

Abstract

This Note sets forth the principal provisions of the Williams Act and of various state anti-takeover statutes, focusing on control share acquisition acts, which appear to survive constitutional scrutiny. A brief discussion of the application of pre-emption and commerce clause analysis to anti-take-over statutes follows. Finally, this Note discusses the CTS decision, analyzes the Court's pre-emption and commerce clause holdings, and compares the Court's reasoning to that of the Seventh Circuit Court of Appeals in the same case

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30 Ariz. L. Rev. 927 (1988)

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