business combination statute

  

Definition

Anti-takeover legislation that generally requires prior approval of the board of a firm of the sale of shares (that exceed a certain percentage of the firm's outstanding shares) by a shareholder to another entity.



http://www.businessdictionary.com/definition/business-combination-statute.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z