Sentences with phrase «merger break fees»
The Globe and Mail reports that venerable Toronto firm Torys LLP has launched a series of video podcasts «of pinstriped partners holding forth on such topics as merger break fees and proxy contests.»
https://www.lawsitesblog.com/ Not exact matches
Contributing to investor pessimism was the fact that the merger deal didn't include a break up fee... suggesting the companies themselves have no great confidence in their ability to win approval in Washington.
Net gain from the termination of the merger agreement of approximately $ 936 million pretax, or $ 4.31 per diluted common share; includes the net break - up fee and transaction costs net of the tax benefit associated with certain expenses which were previously non-deductible.
Net gain from the termination of the Aetna merger agreement of approximately $ 947 million pretax, or $ 4.26 per diluted common share; includes the break - up fee and transaction costs net of the tax benefit associated with certain expenses which were previously non-deductible; GAAP measures affected in this release include consolidated pretax income and EPS.
Net (gain) expenses associated with the terminated merger agreement (for FY17, primarily the break - up fee)
The GAAP consolidated pretax income for 1Q18 of $ 707 million unfavorably compared to GAAP consolidated pretax income of $ 1.69 billion in 1Q17 by $ 982 million primarily due to the net gain associated with the terminated merger agreement, mainly the break - up fee, recorded in 1Q17 and lower pretax earnings year over year in the Retail and Healthcare Services segments, partially offset by higher Group and Specialty segment pretax earnings.