Baxter Fentriss & Company

INVESTMENT & MERCHANT BANKING

“Committed to Sound Advice, Solid Analysis, and Outstanding Execution”

Baxter Fentriss & Company

9100 Arboretum Parkway, Suite 280

Richmond, Virginia  23236

Tel: 804.323.7540     Fax: 804.323.7457

 

Takeover Defenses

 

In today’s environment, unwanted and unwelcome inquiries are a fact of corporate life for most public and semipublic companies.  The objective of takeover defense planning is not to prevent companies from being sold, but to ensure that shareholders receive fair value in an acquisition.

 

While there are a multitude of suitors, most are pursuing either a quick profit or outright ownership of the company.  Each must be defended in a different manner.  While some of the most effective controls should be implemented long before the unwanted suitor arrives, many defenses develop after the suitor has been identified.

 

Baxter Fentriss is experienced in assisting management identifying the risks, evaluating the selection of responses and implementing the most effective control mechanisms.  Our firm is prepared to assist at any stage of defense, whether it involves assigning values in a shareholder rights plan, responding to a creeping tender offer, or seeking a white knight.

 

 

 

Takeover Defenses