The board of directors must provide oversight at every key step of the M&A process. By exploring the important aspects of a good board process and describing the practical implementation of the directors’ legal duties at various points during the process, The Role of Directors in M&A Transactions will provide invaluable guidance to boards and management, and the lawyers and bankers advising them, as they plan for and oversee M&A transactions.

Written by veteran M&A practitioners with experience in dealing with the myriad governance issues that develop in M&A transactions, this indispensable guide discusses:

• Key governance issues in M&A and the board’s central role in the M&A process
• Identifying and managing conflicts
• Exploring strategic alternatives, including preparing for a potential transaction and dealing with the pressure to sell
• Board process in engaging deal counsel and financial advisors, and key components of the sales process
• Negotiation of confidentiality and standstill agreements
• When and how to form a special committee
• The board’s continuing role after signing and before closing
• And much more