Closing

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:

Collect to Blossary

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Related terms

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Professional careers; Sales

The act of gaining a commitment to the next step, be that a subsequent meeting or a purchase decision from a buyer.

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Financial services; Commodity exchange

The period at the end of the trading session, officially designated by the exchange, during which all transactions are considered made "at the close." Also see Call.