Sign-in Help
Commentary

43 Introduction

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

43 Introduction

| Commentary

3: EMPLOYMENT-RELATED SECURITIES

43 Introduction

Many takeovers and company reorganisations will include the issue of new shares to some of the parties involved. For instance, where one company takes over another by share purchase, it is common for the sellers of the target company to receive payment for their shares wholly or partly in the form of shares or other securities in the buyer under a share-for-share exchange. In the case of a management buy-out, the usual course of action is for the managers and the investor or investors to set up, and subscribe for shares in, a holding company to

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial
EXISTING USER? SIGN IN TAKE A FREE TRIAL TAKE A FREE TRIAL
Stop drafting from scratch and work more productively.
Offering an unrivalled collection of non-litigation precedents for everything specialist and generalist practitioners are likely to encounter.
TAKE A FREE TRIAL Take a free trial Take a free trial