Abstract

Abstract How should European Community (EC) policymakers respond to the growth in cross border takeovers across Europe? Does the increase in cross-border mergers give rise to regulatory concern? To what extent will policymakers develop a regulatory approach that establishes procedures that enhance takeover bids while taking into account shareholder interests? And to what extent has the growing market for cross-border takeovers increased pressure on regulators to emulate the USA rules of disclosure and substantive regulation of tender offers.

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