9 Terms
Home > Industry/Domain > Banking; Business services > Mergers & acquisitions
Mergers & acquisitions
Referring to the aspect of corporate strategy, finance and management that deals with the buying, selling or combining of different companies that can assist a growing company to grow rapidly without having to create another business entity.
Industry: Banking; Business services
Add a new termContributors in Mergers & acquisitions
Mergers & acquisitions
Share-exchange ratio
Banking; Mergers & acquisitions
The number of shares of the acquirer's stock to be exchanged for each share of the target's stock.
Appraisal rights
Banking; Mergers & acquisitions
Rights to seek "fair value" for their shares in court given to target company shareholders who choose not to tender shares in the first or second tier of a tender offer.
Assignment
Banking; Mergers & acquisitions
The process through which a committee representing creditors grants the power to liquidate a firm's assets to a third party, called an assignee or trustee.
Arbitrageurs
Banking; Mergers & acquisitions
In the context of M&As, arbs are speculators who attempt to profit from the difference between the bid price and the target firm's current share price.
Arbs
Banking; Mergers & acquisitions
In the context of M&As, arbs are speculators who attempt to profit from the difference between the bid price and the target firm's current share price.
Asset impairment
Banking; Mergers & acquisitions
An asset is said to be impaired according to FASB Statement 142 if its fair value falls below its book or carrying value.
Asset-based lending
Banking; Mergers & acquisitions
A type of lending in which the decision to grant a loan is based largely on the quality of the assets collateralizing the loan.
