Sentences with phrase «shareholders of the target company»

The shareholders of the target company are only taxed when they sell their new shares.

If you are a shareholder of the target company, you could be offered cash, shares or a combination of both.

Not exact matches

Nedlands - based Advanced Share Registry has purchased 51 per cent of Perth start - up Private Company Platform, which is targeting unlisted companies with multiple shareholders, including those pursuing crowd - sourced funding.

The ratio of debt - to - capital excluding after - tax net unrealized investment gains included in shareholders» equity was 23.4 %, within the Company's target range of 15 % to 25 %.

Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.

Recipient advisors: Norton Rose Fulbright • Proskauer Rose LLP • Bank of America Merrill Lynch • Martinez Neira Advogados • Advokatfirmaet Thommessen AS Target advisors: McCarthy Tétrault LLP • Torys LLP • TD Securities • Kingsdale Shareholder Services • Equity Financial Trust • Computershare Trust Company Advisors: Osler, Hoskin & Harcourt LLP • Skadden, Arps, Slate, Meagher & Flom LLP • Brigard & Urrutia

Most publicly traded U.S. companies reward top managers for hitting performance targets, meant to tie the interests of managers and shareholders together.

The approach of targeting poor performers was met with a favourable response from the Confederation of British Industry (CBI), which stated that «introducing a targeted [rather than for all votes at all companies] binding vote regime would focus attention on the most concerning cases and give shareholders the teeth to truly have the final say on top executives» pay.»

The target of the pensioners complaint is approximately $ 2.9 billion in special dividends paid out to Sears Canada's shareholders between 2005 and 2013 despite the company's failing business.

Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.

In 2005, the Spitzer campaign returned $ 24,000 in campaign donations from Gabelli because they learned his company was the target of an SEC probe after complaints that shareholder money wasn't being properly handled and that Gabelli was taking too much for himself in compensation.

The company is the target of two activist investors, which could help unlock value for shareholders and has led to increased pressure for improving results at Juniper.

A recent study conducted by April Klein and Emanuel Zur on shareholder activism found that stock prices of companies targeted by activist investors earn 10.2 % average returns during the period surrounding an activist's ownership disclosure and an additional 11.4 % abnormal return during the following year.

A document that must be sent to all shareholders by the directors of a company that is the target of a takeover bid.

-LSB-...] recent study conducted by April Klein and Emanuel Zur on shareholder activism found that stock prices of companies targeted by activist investors earn 10.2 % average returns -LSB-...]

Any time I think of the Berkshire situation — savvy outside investor targets a company in a dying industry in a small New England town — I can never help thinking of Other People's Money, with Danny DeVito's «Ben Graham» style value - investing analysis to the company's management and his Prayer - for - the - Dead speech at the end to the shareholders.

The top vote - getter among them was the resolution asking the oil company to set targets for reducing greenhouse gas emissions — for the second year in a row, it won support from almost a third of Exxon shareholders.

More broadly, companies across the energy industry that are heavily invested in fossil fuels increasingly have become a target for shareholder proposals, largely due to the potential emerging risk of fossil fuel's stranded assets.

Significant progress in reducing emissions and limiting climate change could be achieved if companies 1) unequivocally communicate to the public, shareholders, and policymakers the climate risks resulting from continued use of their products, and therefore the need for restrictions on greenhouse gas emissions consistent with the 2 °C global temperature target; 2) firmly reject contrary claims by industry trade associations and lobbying groups; and, 3) accelerate their transition to the production of low - carbon energy.

A recent SEC decision allowing EOG Resources, one of the largest U.S. independent oil & gas companies, to exclude a shareholder resolution on GHG emissions reduction targets goes against past precedent, and may be a harbinger of further limits on shareholder engagement.

The plaintiff was on the verge of bankruptcy, and he and the other shareholders were concerned that his creditors would target the company's shares and interfere with the corporation.

In the lead up to Target's 2014 annual meeting of shareholders, Institutional Shareholder Services Inc., a powerful proxy advisory firm, recommended Target's shareholders vote against the election of seven of its 10 director nominees for «failing to provide sufficient risk oversight» in connection with the company's cybersecurity breach.

Alexandra has significant experience attacking and defending hostile bids on behalf of acquirers or targets and has also provided assistance to companies in respect of proxy battles and contested shareholder meetings.

Mr. Girard currently serves on the leadership team in the Target and Sony data breach actions; serves as lead counsel in derivative litigation on behalf of Wal - Mart shareholders arising out of alleged bribery in Mexico, lead counsel for commodities investors in litigation arising out of the collapse of a commodities futures merchant, and lead counsel in a multi-district «pay for delay» antitrust proceeding against major pharmaceutical companies.

Recipient advisors: Norton Rose Fulbright • Proskauer Rose LLP • Bank of America Merrill Lynch • Martinez Neira Advogados • Advokatfirmaet Thommessen AS Target advisors: McCarthy Tétrault LLP • Torys LLP • TD Securities • Kingsdale Shareholder Services • Equity Financial Trust • Computershare Trust Company Advisors: Osler, Hoskin & Harcourt LLP • Skadden, Arps, Slate, Meagher & Flom LLP • Brigard & Urrutia

At the closing of the transaction, our role involved introducing the funds flow to acquire the target, which was established inter alia by way of capital measures (for instance, an increase of share capital) at the relevant company level, including, as necessary, negotiation of a full restatement of the constitutive documents with the shareholders of each company to contain the most necessary terms of the transaction.

In Canada, a takeover bid made directly to shareholders is the only way to acquire legal control of a public company without the consent of the target board.

Shareholders of electric automaker Tesla have approved a plan that could offer CEO Elon Musk a $ 2.6 billion compensation, provided the company can meet its ambitious targets.

For example, if you're targeting a CEO position and you will be speaking to members of the board of directors, you want your elevator speech to include statements of vision, direction, strategy, profitability, and shareholder value (especially for publicly traded companies).

New development projects and acquisitions candidates are targeted based on their potential for value creation and evaluated with prudence, keeping in mind the long - term benefit of the Company and our shareholders.

«Our $ 19 target price for Taubman is based on our belief that a potential combination of shareholder, board and legal pressures will eventually cause Taubman management to agree to sell the company,» Morgan Stanley's Ostrower says.