Activism: Proceed with Caution on Cooperation Agreements
Activism: Proceed with Caution on Cooperation Agreements

Many companies resolve potential activist proxy contests by entering into cooperation agreements under which the company agrees to add one or more activist nominees to its board of directors. A recent post on the CLS Blue Sky Blog says that following the Delaware Supreme Court’s decision in Coster v. UIP, (Del.; 6/23), boards should proceed with caution when […]

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