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Closing
The phase of the acquisition process in which ownership is transferred from the target to the acquiring firm in exchange for some agreed-on consideration following the receipt of all necessary shareholder, regulatory, and third-party approvals.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking; Business services
- Category: Mergers & acquisitions
- Company:
- Product:
- Acronym-Abbreviation:
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