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The controversial transaction, combined with other accounting issues at A.I.G., led to the resignation of Maurice R. Greenberg, the insurance giant's longtime chief executive.
The more interesting question is whether this PIPE transaction combined with a leveraged recapitalization would be a violation of Delaware's Blasius doctrine.
Lincoln obliquely addressed this issue, saying: "The reinsurance transaction combined with other moves taken recently by the company, such as reducing the common stock dividend and restructuring the company to reduce expenses, demonstrates the companys ongoing commitment to managing capital effectively, particularly during this difficult market".
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The transaction combines Arch's 4.4 million customers who generated $597 million in revenue last year, with Metrocall's 3.5 million users and $337 million in sales in 2003.
This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney's unique and unparalleled creativity".
"This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney's unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value".
eBay : A near-term bullish transaction combining stock and options on eBay caught our eye this morning.
But it remains popular in the US and China, which account for around two-thirds of transactions combined, and is often championed as a replacement for existing payments systems in emerging economies.
The volume, size, and distinction of her transactions, combined with her extraordinary experience in the luxury retail and real estate markets, have set a high standard among real estate specialists.
Often my transactions combine luxury with a supremely practical application that makes them seem laughable the next morning.
Due to eliminating the need to use cash in buying and selling transactions, combining these two operations into one, and eliminating potential credit risks, swaps have become a major tool for financial engineers.
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