In addition, a bidder's choice will be influenced by corporate and securities law considerations and by regulatory concerns.

While there are essentially no limitations imposed on the type of consideration that a bidder can offer in a public takeover (DGCL § 251), the forms of consideration that are commonly used in public takeovers include cash, securities or both.

Usually, if a bidder has acquired a significant stake in a company and has no intention of increasing its stake, it is not obliged to make an offer for the remaining shares. However

In a one-step merger, the target delivers to each shareholder a proxy statement and proxy card (the written power of attorney to be signed by the shareholder authorising a specific vote on its behalf) before the shareholders' meeting