Exact(5)
For example, it could be used to break an impasse in a merger negotiation when the parties have agreed to all but one of the deal's components.
Consider how the final-offer arbitration challenge might be used to rescue a merger negotiation when the parties are close to an acquisition price.
With the race to decode the human genome nearing completion and the stocks of genome companies soaring, a last-minute merger negotiation between the public and private competitors has foundered in a clash of principles and egos.
"I never thought to ask whether the lead banker owned shares in the other company," Victor I. Lewkow, a longtime lawyer and partner at Cleary Gottlieb Steen & Hamilton, acknowledged to a packed room matter-of-factly last Thursday, demonstrating the utter lack of checkpoints put in place during a typical merger negotiation by an often seven-figure legal team.
Does anybody seriously believe that Bank of America would have gobbled up Merrill Lynch in weekend merger negotiation if it did not think that government support would always be available, even in a worst-case-scenario?
Similar(55)
The merger negotiations between U.S. Airways and American Airlines.
Merger negotiations leaks are rampant in London.
(5) My company is in merger negotiations.
Joint ventures and merger negotiations are another possible minefield.
Dime confirmed last week that it was in merger negotiations.
US Airways recently dropped out of merger negotiations with United Airlines when United intensified talks with Continental.
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