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So instead of taking Revlon private, Mr. Perelman sought to improve the company's financial health by executing a so-called exchange offer, a transaction in which the company asked minority shareholders to swap their stock for preferred shares.
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As a result, the company offers a transactions at a lower cost than credit card processing companies.
The committee of nine creditors, meeting in Munich, voted unanimously to accept Mr. Saban's offer, a complex transaction worthy of a billionaire known as one of Hollywood's most tenacious deal makers.
There was nothing in his manner of seduction, no show of desire at all; what he offered was a transaction, and again he showed no disappointment when reflexively and without hesitation I said no to him.
For small producers, the cooperative offers a safe transaction relationship, and they gain from an improved bargaining position.
WebMD also plans to offer a conduit for transactions between insurance companies and other payers on one hand, and doctors, hospitals and health-plan members on the other.
The company takes a cut from the affiliate fees a given service generates, though for merchants who want to use the service, it also offers a per-transaction price.
Both brands create a space where people can try on, touch, and view the product -- yet still offer an e-commerce transaction.
The bank is rolling out A.T.M.'s that will play quick movie trailers before a transaction, then offer headlines and stock quotations from MSNBC while you wait for your money.
Siemens, Germany's largest engineering company, agreed to buy a stake in VA Technologie, another engineering company, and made an offer for the rest in a transaction valuing VA at 842.5 million euros ($1.09 billion).
Blackstone offered $55 a share in a transaction valued at $39 billion, including assumed debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com