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• US lawmakers aim to nix Chinese oil takeover bid

  - 2005-07-26

  WASHINGTON AFP — US lawmakers set the stage to torpedo a takeover bid from communist China for US oil firm Unocal Corp. ahead of a pivotal shareholders' vote next month. Members of the House of Representatives and Senate added an amendment to an energy bill passing through Congress that...

  Tags: Chevron Corp., FINANCE, shareholder, U.S. Congress, Unocal Corp.

• CNOOC says bid stands at 67 dollars per share for Unocal

  - 2005-07-21

  SHANGHAI AFP — State-owned energy company CNOOC says its all cash deal for US oil giant Unocal remains on the table and no immediate counter bid would be made a day after rival Chevron sweetened its offer. "In the interests of protecting our shareholders, CNOOC's all cash share offer...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, shareholder, Unocal Corp.

• CNOOC says bid stands at $67 per share for Unocal

  - 2005-07-21

  SHANGHAI AFP — China's state-owned oil CNOOC said its all-cash deal for US oil giant Unocal remained on the table and no immediate counter bid would be made a day after rival Chevron sweetened its offer. "In the interests of protecting our shareholders CNOOC's all cash share offer has...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, shareholder, Unocal Corp.

• Chevron, Unocal get SEC approval shareholder vote

  - 2005-06-29

  WASHINGTON AFP — Chevron said that its registration statement for the acquisition of oil rival Unocal has been cleared by stock market regulators, allowing the company to send its merger agreement to Unocal stockholders for a vote August 10. The US oil giant, whose bid for Unocal is now...

  Tags: Chevron Corp., FINANCE, Investment, SEC, shareholder, Unocal Corp.

• The Costs and Benefits of Precommitment: An Appraisal of Omnicare v. NCS Healthcare

  - 2004-04-01

  I. INTRODUCTIONFor almost two decades, the law of mergers and acquisitions has operated according to a set of dichotomies. Two fiduciary duties, the duty of loyalty and the duty of care, guide director conduct.1 Two standards of review-business judgment deference and enhanced scrutiny-are applied by courts.2 The applicable standard is...

  Tags: agreement, Alien, appraisal, benefit, board, director, fiduciary, game, Genesis, merger, payoff, Revlon Inc., shareholder, Time Warner Inc., Unocal Corp., Williams

• The Firm and the Nature of Control: Toward a Theory of Takeover Law

  - 2003-10-01

  I. INTRODUCTIONLike much of life, corporate governance is about control. Corporations face lots of questions, such as whether to enter a new line of business, who should sit on the board of directors, who should serve as CEO, and whether to build a new factory or close an existing one....

  Tags: Allen, board, Delaware, Delaware Chancery Court, director, FINANCE, Genesis, Mesa, Paramount, Revlon Inc., shareholder, Shore, theory, Thompson, Time Warner Inc., Unitrin Inc., Unocal Corp.