Appraisal rights in public M&A transactions have recently garnered greater attention, particularly in Delaware.
A little over five years have passed since the U.K. Takeover Code was reformed on September 19, 2011 in order to prohibit deal protection provisions — including lock-ups, “no shop/no talk” covenants and termination or “break” fees — in M&A deals involving the acquisition of publicly-listed U.K. companies.
M&A activity in the healthcare industry has been on an upwards trend since our last update. Good Foundations: Building Healthcare M&A and Real Estate, a report by Mergermarket on deal-making trends in the industry, found that about 90% of the respondents expect healthcare M&A to rise over the next year.
The Federal Energy Regulatory Commission (“FERC” or “Commission”) has asked for comments on procedures established for its review of mergers and acquisitions pursuant to section 203 of the Federal Power Act (“FPA”).
The Federal Energy Regulatory Commission (“FERC”), in a recent Notice of Inquiry (NOI), is exploring whether to revise its current approach to identifying and analyzing market power in the context of Federal Power Act Section 203 (utility mergers and acquisitions) and 205 (market based rate authorizations).
In the past, a buyer that intended to fund the purchase price for an acquisition using third-party debt financing would frequently try to negotiate for a condition precedent in the purchase agreement that made its obligation to close subject to its being able to secure the third-party debt financing that it required.
The marijuana industry has been high on analysts’ lists ever since Justin Trudeau and the Liberal Party were elected in late 2015.
Buying a Connecticut Business? Be Mindful of Connecticut’s Employee-Friendly Legal Landscape and (by-the-Way) Some New Laws!
The Connecticut legislature is not shy about enacting pro-employee laws.