Your English writing platform
Discover LudwigExact(28)
Shire was given a break-up fee to make up for the collapse of the deal.
The deal also includes a break-up fee of 3.25 percent, a fairly standard level for a major transaction.
Sinopec agreed to a break-up fee of 300 million Canadian dollars if the deal falls through.
If the deal is blocked, it will get a break-up fee of $3 billion, a chunk of spectrum and a favourable roaming agreement.
However, it's not clear if Par would have to pay a break-up fee if it finds a superior offer and walks away from its deal with TPG.
AT&T will pay Deutsche Telekom $4 billion in cash and wireless spectrum access as a break-up fee under the terms of the merger announced in March.
Similar(32)
Citi did not have a definitive merger agreement that included a break up fee provision.
That impact "should not come as a surprise given a loss of deal synergies coupled with a potential break-up fee would raise further questions about sustaining a position in a business where we have yet to break even," he observed.
Specifically, the board wanted a higher price, a go-shop provision, and a reduced break-up fee.
He also played a large part in the prosposed acquisition of T-Mobile USA by AT&T, and while that ultimately fell apart, it did result in Deutsche Telekom being paid a considerable break-up fee worth a total of $6 billion.
NYSE's board has twice rebuffed the Nasdaq-ICE bid, even though Mr. Greifeld sweetened his offer last week with firmer bank financing and an offer to pay a $350 million break-up fee to NYSE Euronext if regulators veto the deal.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com