Listed Company Acquired The Minority Interests In The Protection Of The Legal System

Corporate takeover through the public markets (hereinafter "takeover") means the legal act intending to get the control of a public corporation by the means of acquisition of its shares. Takeover and its related legal problems are both important and complicated. This thesis intends not to analyze all the aspects of basic legal principles and practice problems during takeovers,but mainly on how to protect the minority shareholders'interests of target company. From this angle, I'm about to take my roots in the current situation of China Securities Market and the newly revised Corporation law and Security law of our country and offer my points on how to amend the legal systems of protection of minority shareholders from basic principles and practice during the course of takeover.Takeover means a campaign to seize the control of the target company with the buyer as one side and the target company the other. During the complicated transaction, interests of all sides are deeply involved and unfairness inevitably exists, in which the interests of the minority shareholders are usually neglected. Therefore, the most important thing the legislators and executives should do is to find out a balanced position of all sides in order to protect the interests of the minority shareholders in the target companies.