Ed. Note: Welcome to our daily feature Trivia Question of the Day!
In 1982, which New York M&A lawyer dreamed up a defensive maneuver to fend off the corporate raiders that were then terrorizing America’s boardrooms — a tactic so effective it’s been called the single most important development in corporate law of the 20th century (it’s taught in every business school under a distinctly sinister nickname)?
Hint: The nickname was borrowed from the capsules spies once carried to avoid capture under interrogation.
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