Remove 2015 Remove Book-building Remove Economics
article thumbnail

Corwin Cleansing Denied In Action For Post-Closing Injunctive Relief Under Unocal

Cleary M&A and Corporate Governance Watch

19] Finally, the Court asserted that applying Corwin to claims for injunctive relief would not serve Corwin’s underlying public policy rationale of allowing stockholders to make free and informed choices based on the economic merits of a transaction. [20] Importance of Building the Record. Grace [21] and Williams v. 3d 304 (Del.

article thumbnail

$2 Billion Purchase Price Dispute Over GAAP Compliance Highlights Need for Careful Drafting

Cooley M&A

Purchase price adjustments are common features (2015 SRS study: 77% of deals) of private merger agreements that are generally intended to ensure that the acquired company will have the same level of cash or working capital to operate the business post closing that it had at signing. A recent decision in Chicago Bridge v. in accordance with.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Eyes on a new prize: How outsourced trading has taken off and why the attention is now turning to larger managers

The TRADE

Hedge fund launches now often choose outsourced trading over building their own capabilities. For them, it’s about building a brand with the sell-side, ensuring that they get all the resources they require.” But that’s not to say it’s going to be for everyone.

Trading 62
article thumbnail

Healthcare 2021: Trends, M&A & Valuations

InvestmentBank.com

The healthcare sector in the United States is a large driver of economic output. The key issue is that most businesses in this subsector started off as one-product companies and raised large amounts of capital without considering clinical utility and economic benefits. James VonOsdol & Mitch Morris, 2017 Outlook on U.S.