by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Master Limited Partnership? A master limited partnership also known as MPL, refers to a limited partnership traded publicly in an exchange. The operation of the MPL is generally in the financial services, natural resources, and real estate industries....
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Appraisal Rights? Appraisal right refers to the legal right which allows small shareholders in a corporation to request the purchase of their shares at the nominal value as decided by an independent valuator. The valuator analyses the worth of the company...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Operating Company/Property Company Model? An operating company (OPCO)/property company (PROPCO) refers to an organizational model in which a property company, also called subsidiary company, and not the operating company (main company) has the ownership of...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Yellow Knight?A yellow knight is the name given to a corporation that was planning a hostile takeover but reconsiders its decision and decided to propose a merger to the other company. A hostile takeover occurs when an acquiring company decides to buy or...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Macaroni Defense?A Macaroni Defense is a defensive tactic used by a company against a hostile takeover bid. During a Macaroni Defense maneuver, a corporation that is a potential takeover target, issues a large number of bonds with an exceptionally high...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Lady Macbeth Strategy? Lady Macbeth strategy refers to a corporate takeover scheme where a third party acts as a white knight in order to gain trust, but eventually turns around, joining with the enemy in a hostile takeover bid. In secret, the hostile bidder...
