by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is an All Cash, All Stock Offer?The all-cash, all-stock offer is a method of acquisition in which the acquirer agrees to buy all the target firm’s outstanding shares for a stated price in cash. It can also be defined as the purchase for cash of all...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Closed-Market Transaction?Closed-market transactions are a type of inside trading. This type of inside trades does not change the price of securities in the open market neither does it reflect the insider’s subjective opinion of the company. It occurs...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Bought Deal?A bought deal is a type of deal in which an underwriter, an investment bank or a syndicate commits to purchasing the entire stock of a company in an initial public offering (IPO), even before the preliminary. In a bought deal, the investment bank...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Gray Knight? A gray knight refers to a potential acquirer in a public merger or acquisition that takes advantage of a hostile takeover to assume control of the company. The possible buyer is also known as a secondary or separate party in a takeover to the...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Minority IPO?An initial public offering (IPO) is a form of capital raising by a parent company by selling newly-issued shares to investors. In a minority IPO, a parent company sells off the shares of its subsidiary but still retains the majority stake in the...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Breakup Fee?A breakup fee is sometimes called a termination fee, this is a fee (penalty) used in takeover agreements, otherwise known as mergers and acquisitions. A breakup fee is paid by a seller to the buyer when he backs out of the agreement to sell to...
