Most finance chiefs working for companies involved in a recent merger or acquisition are well aware of the irritating abundance of legal protests against their deals.
Now, however, the omnipresence of so-called “merger objection” lawsuits is hitting companies on another front, helping to drive up the cost of directors’ and officers’ liability coverage by 5 to 10 percent or even higher in the second quarter, insurance brokers say. And that’s been occurring at a time when the rates of cost...
