Ronald Reagan actually said...

Lengthening the minimum offering period would deter all types of takeovers, encourage defensive restructuring, and diminish the benefits of the market for corporate control.

Context

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

06/15/1988

https://www.presidency.ucsb.edu...

More Ronald Reagan Quotes

There is established, a board of three members to be appointed by the President to investigate this dispute.
11/6/1988
I think you know what I mean when I say that kind of radical judicial policy would be strictly for the birds.
11/6/1988
Your votes tomorrow may be the most important ones cast in America.
11/6/1988
This is my last campaign trip as your President.
11/6/1988

View All Ronald Reagan Quotes