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This power precluded both an effective market check and meaningful negotiation over price.
Transaction price is a major factor in appraisal if there has been a robust market check.
Finally, the Stockholders challenge the adequacy of that post-agreement market check.
It was a way for Par to signal to the market that it had done an appropriate market check.
The plaintiffs next argue that the decision to forego an auction and utilize a market check was in error.
This argument presupposes that a bid during the market check would be hostile, which is simply not true.
As the renewal deadline for Sam's homeowner's insurance policy approached, he decided to do a "market check" to compare prices.
They argue that hostile bids in the insurance industry are rare and, therefore, that any "market check" mechanism is suspect.
After the deal is announced, the target will do a market check and see whether if there are any other bidders.
"I decided it was in the interest of our shareholders to do a market check to determine the value others would put on Putnam".
The absence of an adequate market check in many non-arm's- length transactions has resulted in appraisal valuations materially higher than the deal price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com