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가설
Delaware incorporation law changes will increase legal costs for corporations seeking to maintain current governance structures, reflected in increased spending on M&A legal fees and reincorporation advisors
Political uncertainty from Delaware progressive challengers will cause institutional investors to diversify away from Delaware-incorporated tech/financial firms, reducing valuations of companies like DIS, JPM by 2-4% relative to non-Delaware peers
Delaware corporate law changes driven by progressive challengers will negatively impact legal services revenue for major Delaware-incorporated company service providers (WOLV, LPL) within 6 months