Super-majority amendment

Super-majority amendment

Super-majority amendment is a defensive tactic requiring that a substantial majority, usually 67% to 90%, of shareholders approve a merger. This amendment makes a hostile takeover much more difficult to perform.

ee also

*Mergers & acquisitions
*Takeover
*Supermajority

External links

* [http://www.investopedia.com/terms/s/supermajority.asp Investopedia.com]
* [http://www.flchamber.com/docs/IntheNews/PalmBeachPost_Supermajority_031307.pdf Supermajority Issue Fuels Conflict Among Lake Worth Voters]
* [http://www.secinfo.com/dR7Km.61yn.htm SECinfo.com]


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