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This cash adjustment represents 6% of LEG's market cap.
Cablevision said the transaction would be financed through a tax-free exchange of General Electric shares, which Cablevision received when NBC bought the Bravo cable channel in 2002, along with a cash adjustment at closing.
The cash adjustment is straightforward and the value of the loans to customers is reasonably solid.
Vail, which is based in Vail, Colo., will pay $102 million to American Skiing, minus a "cash adjustment" of as much as $6 million based on the closing date of the purchase, Vail said.
L. 102 550, § 516(a)(1), in fifth sentence, substituted "issue to the mortgagee debentures having a par value" for ", subject to the cash adjustment hereinafter provided, issue to the mortgagee debentures having a total face value".
This week Tesco said it would swap, with a cash adjustment, its six stores in Taiwan for 15 hypermarkets in Slovakia and the Czech Republic owned by France's Carrefour.
Similar(47)
Apple has about $76 billion in cash; Microsoft has $53 billion.
despite analysts' skepticism: it needs cash, Bloomberg News writes.
"Cisco Systems and Offshore Cash". Harvard Business School Case 9-114-027, 2013.
Large sign at supermarket checkout counter: "CASH ONL Y.
MRS. ANDY: Call Cash, Andy he's dying up there.
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