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What better way to eliminate that uncertainty than by "engineering" a friendly transaction.
Mentor earlier this year proposed a friendly transaction, but that deal was rejected.
Last week, Human Genome and GlaxoSmithKline began talks about a potential friendly transaction, a person briefed on the talks said.
The merger was eventually agreed upon in a friendly transaction after it had created an uproar among Germany's steelworkers.
"I was very pleased to meet them, and found them very happy that this had turned into a friendly transaction," he said.
Alan Feld, a lawyer for General Felt said, "while spirited, this has been a friendly transaction". He added that $46.50 a share is "pretty much" the final offer.
Similar(44)
The takeover of Thomas & Betts is one of the largest friendly transactions announced this year.
Michael J. de lad Merced reported that "the takeover of Thomas & Betts is one of the largest friendly transactions announced this year".
Should the two sides finalize a deal, a takeover of Thomas & Betts would be one of the largest friendly transactions announced so far this year.
Chancellor Strine spends a fair amount of time trying to determine what exactly the agreement covers and allows, and whether the wording of the agreement extends only to friendly transactions.
Are strategic takeovers, which are generally friendly transactions involving stock and firms in overlapping businesses, more profitable than financial deals, which are usually hostile transactions involving cash and firms in unrelated businesses?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com