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- Die Mindestpreisregelung des WpÜG
Die Mindestpreisregelung des WpÜG
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»The best price rule of the German Securities Acquisition and Takeover Act (>WpÜG<)«
Under the German best price rule in Sec. 31 WpÜG the bidder is obliged to offer a »fair« price to the shareholders of the target for their shares. The book aims at providing a profound understanding of the fundamentals of Sec. 31 WpÜG. Based on a thorough analysis of the best price rule, including an in-depth breakdown of the respective legal framework in the U.S., the author concludes that the best price rule constitutes a questionable rule. As a result, he proposes to narrow down its scope.
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