Merrill Lynch has announced that it will raise $6.2 billion by selling shares to Singapore's Temasek Holdings.PHH, a mortgage and vehicle leasing company, terminated a merger agreement it had reached with General Electric in March that depended on Blackstone Group buying its mortgage business.
The Swiss airline, deeply involved in several loss-making French airlines, offered some cash to get out of the commitment; Belgium said "not enough .United Airlines and US Airways admitted that they had begun talks aimed at terminating a merger that would have created the world's largest airline.
When an easement is terminated by a merger, the dominant and servient estates come under common ownership.
Merger agreements typically allow a target company's board to terminate a deal to accept a superior competing bid.
He can terminate a franchise.
Terminate a program from the Command Prompt.
The Flowers group, which includes JPMorgan Chase and Bank of America, claims the terms of its contract with SLM allow it to terminate the merger because a recent change in federal law reduced subsidies to lenders like SLM, causing a "material adverse effect" on its future earning potential and therefore its merger value.
Analysts said they expected IMS, a health care market researcher based in Westport, Conn., and TriZetto, an Internet health care company based in Newport Beach, Calif., to terminate the merger and strike a strategic alliance instead.
Thus, in his opinion clearing the way for Energy Transfer to terminate this merger agreement, Sam Glasscock III, a Chancery Court vice chancellor, followed form, stating that the merger agreement's efforts clause required that Energy Transfer use "objectively reasonable" efforts.
Thus, Bain probably believes it has a right to terminate the merger agreement negating its obligations under Section 8.3(c) It appears that 3Com has the better argument, but it is unclear.
