Political Quotes

Ronald Reagan: “S. 1323 is objectionable, because it would significantly increase the cost of takeovers, reduce the benefits resulting…”

On the recordJune 15, 1988
S. 1323 is objectionable, because it would significantly increase the cost of takeovers, reduce the benefits resulting from takeovers, and intrude into areas of corporate governance that should be left primarily to shareholders and to the States.
Said by
Ronald Reagan
Republican · California

Editor's note · Context

Statement of Administration Policy: S. 1323 - Tender Offer Disclosure and Fairness Act of 1987

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