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But late yesterday the two companies said they had agreed to terminate the acquisition.
This is a clause which allows a party to terminate the acquisition if market conditions generally deteriorate.
So its restatement and executive changes are likely to constitute a real-life material adverse change, giving P.& G. the right to terminate the acquisition.
But as is typical in acquisition agreements, if this representation is incorrect, it would still have to cause a MAC in order for Skyworks to terminate the acquisition agreement.
So its restatement and executive changes likely constitute a real-life material adverse change, or MAC, giving P.&G. the right to terminate the acquisition, something P.&G. is now likely to do.
At this point the system enters a loop which continues until the control computer registers that it is time to terminate the acquisition (dotted black box Fig. 4).
Similar(54)
Meanwhile, when Blackstone and PHH entered into a settlement agreement terminating the acquisition, the parties agreed that if Blackstone recovered in excess of $30 million from the financing banks in connection then Blackstone would split part of that amount with PHH.
Per terms of the agreement, Ant has paid $30 million to MoneyGram for terminating the acquisition process.
Further illustrating the strength of the credit markets, Express Scripts did not negotiate a provision in the acquisition agreement to terminate the deal if its financing fails.
Salesforce says the joint venture agreement has subsequently been terminated with the acquisition.
A typical acquisition agreement allows the board of the target company to terminate the deal if it is voted down by shareholders or a competing bidder emerges.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com