Quick Quoted on Takeover Defenses

Foley Partner Patrick Quick was quoted in an article that appeared on Corporate Finance Law360 on September 11, 2009 titled “Beware Of Sharks: Top Takeover Defenses.” Quick discusses a predicted uptick in hostile takeover activity as the economy takes steps towards recovery, recommending that companies maintain a shareholder rights plan and keep it on shelf to help ward off takeovers. He adds that a shareholder rights plan shows that a company is sophisticated in takeover matters and is ready to defend itself.