There is no cash, share consideration or work commitments due by Mustang under the terms
of the acquisition agreement.
M&A Clause Analytics uses a combination of artificial intelligence and subject - matter expertise to provide a market standard for a range
of acquisition agreements, clauses and related documents.
For buyers, we provide thorough and efficient business - oriented due diligence, focused on identifying «deal - killers» to confirm value and minimize post-closing surprises, and assist with the negotiation
of acquisition agreements that are consistent with our client's objectives.
A survival period is the expiration period that is dedicated to indemnification of claims which are created under the warranties and representations
of an acquisition agreement.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced
acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply
agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced
acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate
acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced
acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the
acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The
agreement still faces stiff regulatory scrutiny from the Trump administration, which has thrown up resistance to at least one other megadeal — ATT's proposed
acquisition of Time Warner.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending
acquisition of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins
acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins
acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed
acquisition of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining
agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending
acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger
agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger
agreement is in effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell
acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger
agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
On April 25th, 2018, Globalstar announced that it has signed a merger
agreement with Thermo
Acquisitions, Inc., pursuant to which the following assets will be combined with the former: metro fiber provider FiberLight, LLC; 15.5 million shares
of common stock
of CenturyLink, Inc.; $ 100 million
of cash and minority investments in complementary businesses and assets
of $ 25 million in exchange for Globalstar's common stock valued at approximately $ 1.65 billion, subject to adjustments.
Comcast on Friday called off its proposed $ 45 billion
acquisition of Time Warner Cable and its prior
agreement with Charter Communications.
Adjusted Net Income is defined as net income excluding (i) franchise
agreement amortization, which is a non-cash expense arising as a result
of acquisition accounting that may hinder the comparability
of our operating results to our industry peers, (ii) amortization
of deferred financing costs and debt issuance discount, a non-cash component
of interest expense, and (gains) losses on early extinguishment
of debt, which are non-cash charges that vary by the timing, terms and size
of debt financing transactions, (iii)(income) loss from equity method investments, net
of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.
Representing one
of its first major overseas
acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached
agreement with the Marathon Oil Company — part
of the USX - Marathon Group which is a unit
of the USX Corporation in Pittsburgh — for the
acquisition of interests in a number
of deep water exploration acreage blocks in the Gulf.
KAGARA Zinc Limited is moving ahead swiftly to develop its mineral interests in North Queensland, with the
acquisition of Perilya Ltd's entire interest and rights in the assets
of the Mt Garnet and Walsh River joint ventures.Under the
agreement, Ka...
As a result
of the
acquisition of ChoiceVendor, the Company recorded intangible assets
of $ 5,153,000, which was comprised
of $ 3,259,000 related to workforce in place, $ 1,470,000 related to developed technology, and $ 424,000 related to non-compete
agreements, and net liabilities
of $ 164,000.
As part
of the settlement, Trulia agreed to drop the breach
of contract lawsuit it filed against Move in February, after ListHub announced it had terminated its syndication
agreement with Trulia in the wake
of Trulia's
acquisition by Zillow.
ListHub announced Thursday that it had terminated its syndication
agreement with Trulia in the wake
of its
acquisition by Zillow and would stop sending listings to Trulia on Feb. 26.
The solar developer that pioneered the power purchase
agreement was snatching up companies left and right, including the
acquisition of First Wind which briefly made it the world's largest renewable energy developer.
Just before the Aetna deal was announced, Broussard's compensation
agreement was modified to accelerate equity awards and remove restrictions on exercising some stock options if he leaves or is terminated within two years
of any
acquisition, a regulatory filing shows.
On December 28 TerraForm Global became the second
of the two to finalize its
acquisition by Canadian asset manager Brookfield, nine months after the initial merger
agreement.
The «partnership with GGP» refers to Simon's «
agreement in principle to sell selected Macerich assets to General Growth Properties, Inc. (NYSE: GGP) in connection with the closing
of the
acquisition,» and the questions raised there would seem to be antitrust ones:
After reaching an
agreement with a buyer or seller for the
acquisition or disposition
of a business, we are subject to satisfaction
of pre-closing conditions as well as to necessary regulatory and governmental approvals on acceptable terms, which, if not satisfied or obtained, may prevent us from completing the transaction.
Statements regarding future events are based on the parties» current expectations and are necessarily subject to associated risks related to, among other things, regulatory approval
of the proposed
acquisition or that other conditions to the closing
of the deal may not be satisfied, the potential impact on the business
of WhatsApp due to the announcement
of the
acquisition, the occurrence
of any event, change or other circumstances that could give rise to the termination
of the definitive
agreement, and general economic conditions.
The Commercial Capital Training Group allows business brokers to earn a six - figure income simply by helping to arrange the financing for sellers to purchase businesses, on top
of the income for the core
acquisition agreement.
Brazilian bank BTG Pactual advised companies on 52 deals valued at $ 31.9 billion, more than any other bank in Latin America, following its own
acquisition of a 37.6 % stake in Banco PanAmericano in 2011 and an
agreement signed in 2012 to take over leading Chilean brokerage Celfin Capital.
The AWEA U.S. Wind Industry First Quarter 2017 Market Report provides a snapshot view
of U.S. wind industry activity and trends, including new wind capacity installed, wind projects under construction and in advanced development, along with new power purchase
agreements signed and project
acquisition activity.
Each exchange ratio computed would be set according to the acquirement that would be stipulated in the merger or
acquisitions agreement at the time
of the merger or
acquisition of the two companies.
At early - stage rounds
of financing, legal documents for an investment, contracts for a strategic business partnership, and merger or
acquisition agreements contain representations and warranties with respect to intellectual property assets from the new business and often from founding entrepreneurs.
A gain on the sale
of shopping center assets in Chile, a tax benefit related to its
agreement to sell its Mexican Suburbia business, and dilution from the earlier - than - expected completion
of its Jet.com
acquisition had a minimal impact on the company's results.
«The
acquisition is a natural extension
of an existing partnership
agreement between Takeda and TiGenix, which aims to bring new treatment options to patients with gastrointestinal disorders,» Takeda said.
In October
of this year, EMC entered an
agreement for
acquisition by Dell Inc. for a total
of approximately $ 67 billion in cash and stock.
In cases where the likelihood
of an
acquisition or Initial Public Offering aren't likely, we will not make equity investments and will instead explore debt financing as well as quasi-equity structures like royalty financing, revenue - share
agreements, and when appropriate, factoring.
Ithaca Capital Partners, a real estate investment management company, is pleased to announce the execution
of a binding
agreement between a holding company (the «Buyer») and Caribbean Property Group (the «Seller»), for the
acquisition (the «Transaction»)
of a portfolio
of Hotel assets (the «Portfolio»).
Currently 80 per cent
of new customers come to AMP via its employer super
agreements, making it AMP's «most important
acquisition channel», according to Mr Sainsbury.
AWEA releases U.S. Wind Industry Quarterly Market Reports each quarter to provide a snapshot view
of U.S. wind industry activity and trends, including new wind capacity installed, wind projects under construction and in advanced development, along with newly signed power purchase
agreements and project
acquisition activity.
The AWEA U.S. Wind Industry Quarterly Market Reports provides a snapshot view
of U.S. wind industry activity and trends, including new wind capacity installed, wind projects under construction and in advanced development, along with new power purchase
agreements signed and project
acquisition activity.
Funds
of a U.K. - based private equity and venture capital firm on the technology and outsourcing
agreements developed in connection with its
acquisition of a majority stake in an insurance software business from an Irish global management consulting and professional services company.
Under the asset purchase
agreement for the
acquisition of the Node40 Business (the «APA»), HashChain has acquired the NODE40 Business for a purchase price comprised
of US$ 8,000,000 in cash, payable as to US$ 4,000,000 at closing (subject to a closing adjustment provision), and US$ 2,000,000 on each
of 180 days and one year following the closing date, and a total
of 3,144,134 common shares in the capital
of HashChain («Shares»), to be issued in the following amounts and on the following dates (each, an «Issue Date»): (i) 1,800,000 Shares on the closing date, (ii) 700,247 Shares on the date that is 180 days following the closing date; and (iii) 643,887 Shares on the one - year anniversary
of the closing date, subject to NODE40s option to receive cash in lieu
of up to 30 %
of the shares issuable pursuant to (ii) and (iii) above to a maximum
of $ 600,000 USD for (ii) and $ 600,000 USD for (iii) above.
Marfrig Global Foods, one
of the world's largest animal protein producers, has reached an
agreement for the
acquisition of 51 per cent
of the membership interests in National Beef Packing Company, LLC, the fourth - largest beef processor in the United States.
For 30 years, the Ramsay family
of Maple Lake, Minn., has been manufacturing and distributing frozen pizza under a variety
of brands: Bernatello's, the brand that built the company; Bellatoria, the company's ultra-thin premium pizza with high - end Hormel meats and grilled vegetables; Roma, its value line; Green Mill pizza, which it manufactures and distributes through a licensing
agreement; and its most recent
acquisition, the Orv's brand.
The divestiture is part
of the
agreement reached on March 31, 2017 with the US Department
of Justice (DOJ) in connection with Danone's recently - closed
acquisition of WhiteWave.
Samuel and King claimed every other section
of the act prohibits a specific form
of conduct if it is likely to substantially lessen competition, but that overlooks section 45, which prohibits any contract, arrangement or understanding, and section 50, which prohibits any
acquisition of shares or assets, where the
agreement or
acquisition substantially lessens competition in a market.
Officials
of DAT - Schaub and Shanghai Natural Casing Company sign the
acquisition agreement.
Chairman Rod Sims said yesterday the competition regulator had not been able to reach
agreement with Woolworths and Coles over a new process for vetting
acquisitions of supermarkets, liquor and hardware stores.
For over 40 years, GVM has advised clients in all stages
of the business cycle: formation, debt and equity financing, vineyard and winery
acquisitions, grape purchase
agreements, vineyard leases, distribution and brokerage
agreements, sales and marketing
agreements, mergers and
acquisitions and troubled debt restructures.
SBEEG Holdings, LLC («sbe») and The ONE Group Hospitality, Inc. («The ONE Group»)(Nasdaq: STKS) have decided that it is in their mutual interests to terminate the
agreements relating to the
acquisition of sbe's Katsuya and Cleo brands.
In August 2015, Constellation Brands completed the
acquisition of the Meiomi luxury wine brand, the number one pinot noir in dollar sales growth, followed by the
acquisition of Ballast Point in December 2015, one
of the fastest - growing craft beer companies in the U.S.. Most recently, Constellation announced its
agreement to acquire The Prisoner Wine Company — home
of super luxury wines The Prisoner, Saldo, Cuttings, Blindfold and Thorn.
Turin, 24 July 2017 - Juventus Football Club S.p.A. announces that the
agreement with ACF Fiorentina S.p.A. for the definitive
acquisition of the registration rights
of the player Federico Bernardeschi has been finalized for a consideration
of $ 40 million payable in three financial years.
Juventus Football Club S.p.A. announces that the
agreement with FC Gelsenkirchen - Schalke 04 e.V for the temporary
acquisition, until 30 June 2018,
of the registration rights
of the player Benedikt Höwedes has been finalized for a consideration
of $ 3.5 million, to be paid within 15 September 2017.
Rarely do I hear
of couples who are about to marry — other than the small percentage who actually enter into a prenuptial
agreement — contemplate financial, wealth
acquisition or parenting issues.
NIPCO Investments Limited and Exxon Mobil Oil Corporation executed a Share Sale and Purchase
Agreement detailing the terms and conditions
of the
acquisition,» a publication on the Nigerian Stock Exchange website read.
Doug Ritchie, who led the
acquisition and integration
of the Mozambique coal assets in his previous role as Energy chief executive, has also stepped down by mutual
agreement.