During the recent wave of private equity buyouts of public companies, boards of directors for selling companies have been increasingly turning to go-shop provisions as a means of fulfilling the board's Revlon duty to maximize shareholder value. A go-shop provision operates as a post-signing market check by allowing a selling board to actively solicit offers from third parties after signing a merger agreement with an initial buyer. In the words of one publication for practicing lawyers, go-shops give the selling company the benefit of an open auction without any downside risk since they allow the selling company to lock in a price floor while retaining the ability to conduct further negotiations with other buyers for a higher price. However, there is also speculation that a go-shop is a “disingenuous article that boards are including in deals to protect themselves from angry shareholders . . . .”