Supermajority amendment
id:
supermajority-amendment-201-15386211
title:
Supermajority amendment
text:
Super-majority amendment is a defensive tactic requiring that a substantial majority, usually 67% and sometimes as much as 90%, of the voting interest of outstanding capital stock to approve a merger. This amendment makes a hostile takeover much more difficult to perform. In most existing cases, however, the supermajority provisions have a board-out clause that provides the board with the power to determine when and if the supermajority provisions will be in effect. Pure supermajority provisions
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Supermajority_amendment
date created:
date modified:
2024-03-23T13:26:23Z
main entity:
{"identifier":"Q7641956","url":"https://www.wikidata.org/entity/Q7641956"}
image:
fields total:
13
integrity:
13