The Bull-Dog Sauce Takeover Defense

19 Pages Posted: 20 Nov 2007

See all articles by Sadakazu Osaki

Sadakazu Osaki

Nomura Institute of Capital Markets Research

Abstract

Bull-Dog Sauce, a Japan-listed company, initiated the world's first full-fledged takeover defense to block efforts by Steel Partners, a US-based investment fund, to gain management control of the company. Japan's Supreme Court issued a ruling that approved of the takeover defense. This paper explains the details of the Bull-Dog Sauce court decisions and examines the prospective impact of those decisions.

Keywords: takeover, defense

JEL Classification: K22

Suggested Citation

Osaki, Sadakazu, The Bull-Dog Sauce Takeover Defense. Nomura Capital Market Review Vol. 10, No. 3. Available at SSRN: https://ssrn.com/abstract=1031031

Sadakazu Osaki (Contact Author)

Nomura Institute of Capital Markets Research ( email )

Urbannet Otemachi Building
2-2-2, Otemachi, Chiyoda-ku
Tokyo, 100-8130
Japan

Register to save articles to
your library

Register

Paper statistics

Downloads
308
Abstract Views
1,316
rank
97,444
PlumX Metrics