Regarding takeover defenses, what has been the general impact of legislation? (10 pts.) What has been the impact of court decisions?

Regarding takeover defenses, what has been the general impact of legislation? (10 pts.) What has been the impact of court decisions? (10 pts.) According to Jensen’s studies (1988), what is the result of the broad application of the business judgment rule by the courts? (10 pts.) (Points : 30)