Williams said the university might pursue condemnation of the video and convenience store properties but would seek a friendly acquisition
rather than a hostile one.
INDOPCO required the capitalization of expenses incurred by a target corporation in connection with its friendly acquisition
30) Similarly, a hostile acquisition of the distributing or controlled corporation after the distribution would be disregarded -- but a friendly acquisition
would generally be considered related to the distribution if it were pursuant to an arrangement negotiated (in whole or in part) prior to the distribution, even if it were subject to certain conditions (e.
A friendly acquisition
is one in which the owners voluntarily sell all or a portion of their company's assets to another.
It was the kind of friendly acquisition
Efforts by black firms to win white clients proved fruitless, in part, Weems argues, because black companies lacked the capital required for market research and expanding services; consequently, racial integration in the insurance industry "proved to be a 'one-way street'" that doomed most black insurers, and in 1990 CMAC "agreed to a friendly acquisition
by the black-owned Atlanta Life Insurance Company.
the Commissioner, the Supreme Court ruled that expenses incurred by a target company in a friendly acquisition
were nondeductible capital expenditures because the transaction produced significant long-term benefits that extended beyond the close of the year the expenditures were made.
or pursue a friendly acquisition
of the system or portions of the system.
7, July 24, 1989), held that advisory fees incurred by a target corporation in a friendly acquisition
must be capitalized.
Whether through merger, friendly acquisition
or hostile takeover, the retructuring of American industry has reshaped the corporate landscape.
under a friendly acquisition
agreement which, to date, according to MIKP Board and its consultants, has not been paid for in line with the original agreement, which calls for payment, over time, in a combination of shares in ADCS and cash.
has gained a friendly acquisition
proposal that places the worth of the Calgary-located firm for around $575 million, excluding debt obligations.
The company also has the option of countering Steel Partners by finding a ''white knight'' business enterprise to mount a friendly acquisition
, an industry source said.
PeopleSoft says Oracle is just trying to disrupt its friendly acquisition
of JD Edwards, while JDE says Oracle may be breaking antitrust rules.
Newmont was now positioned to make its winning bid to acquire Australia's leading producer, Normandy Mining, and to pursue its friendly acquisition