Today's Times newspaper reports the comments of the outgoing Cadbury chairman, Roger Carr, regarding the role hedge funds during takeovers. Mr Carr is reported as arguing that a minimum of 60% of shareholders should be required to approve a takeover and that restrictions should be imposed on the voting rights of hedge funds in the takeover context. Wednesday, 10 February 2010
UK: hedge funds and takeovers
Today's Times newspaper reports the comments of the outgoing Cadbury chairman, Roger Carr, regarding the role hedge funds during takeovers. Mr Carr is reported as arguing that a minimum of 60% of shareholders should be required to approve a takeover and that restrictions should be imposed on the voting rights of hedge funds in the takeover context. 
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