Word: law
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Dates: during 1980-1989
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...said Polaroid's experience helped shape the bill. The instant photography company, which is incorporated in Delaware, made use of a Delaware law that bars completion of a takeover for three years unless the raider either gets approval of the target company's board or buys 85 percent of its stock...
...Massachusetts law would go further, raising the threshold to 90 percent. The law would also be triggered earlier--delaying a takeover as soon as a hostile bidder acquires 5 percent of a public company's stock, rather than 15 percent, as in Delaware...
...admirable effort, but the question is going to come down to state regulation versus federal regulation, and I think there's going to be a lot of debate about it," said Thomas J. Dougherty, a partner in the law firm of Skadden, Arps, Slate, Meagher & Flom. "They're going to be in and out of court...
...West Virginia legislators completed a session unlike any other in the state's history. Democrats and Republicans pushed through a thick package of legislation that would trim the state's tangled bureaucracy, reorganize its disastrous finances and launch an ambitious program of educational reform. The measures were ramrodded into law by rookie Democratic Governor Gaston Caperton, 49, a man who is determined to upend the state's feckless political tradition and sell mountaineers something they haven't had in decades: hope...
Slave trade was like cocaine is now -- even though it was against the law, that didn't stop anybody. Imagine getting $1,000 for a human being. That's a lot of money. There are fortunes in this country that were made that...