by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Revlon Rule? When a hostile takeover is about to occur and is inevitable, a company’s board of directors makes a satisfactory effort to get the company the highest possible value they can get. This is known as the Revlon Rule. This rule is...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Fat Man Strategy?A fat man strategy is a tactic used by a target company to foil or prevent a hostile takeover. When this strategy is used, the target company defends or protects itself by buying the assets of another company or acquiring the company. When...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Holding Company? A holding company is a company that exists solely for owning assets or voting stock in other companies. This company does not engage in any production of goods and services or business operations but only focuses on owning assets of other...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is an Independent Outside Director? An independent director is otherwise called an outside director. This is a member of a company’s Board of Directors (BoD) this is selected outside of the company. This means this director is not an employee or top...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Stock Split? A stock split is a transaction by a company dividing its current shares into two – resulting in twice as many outstanding shares. The company takes this step in order to increase its business by increasing the value of shares. There is a...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Private Foundation? A private foundation is a non-profit organization that executes charitable projects to serve a good cause. This foundation is a non-governmental organization, otherwise called a charitable organization whose projects and finances are...
