This text provides a concise statement of the state corporate and federal securities laws governing mergers and acquisitions law. It is designed for law students taking advanced business law courses such as mergers and acquisitions or corporate finance, lawyers practicing in corporate takeovers, and judges faced with cases arising out of such transactions. This thoroughly updated fourth edition features a considerably expanded treatment of practical aspects, such as drafting merger agreements, preparing disclosure documents, and dealing with takeover defenses.

This thoroughly revised and updated text is for use in law school classes on insider trading, securities regulation, or business associations. In a thorough yet compact fashion, it offers a clear and direct exposition of the law and policy concerns raised by this important and high-profile area of the law. The author provides sufficient detail for a complete understanding of the subject without getting bogged down in minutiae. Faculty interested in teaching a short course on insider trading or making insider trading a major part of a course in securities or corporate law will find the text highly teachable, while students staking such a course using other materials will find it a useful study aid.