MAC the knife
Article Abstract:
The material adverse change (MAC) clause in merger contracts has come to greater attention in recent months. The clause allows any partner to a deal to withdraw if there is a material change which harms the other's business. However, there are dangers in making the clause too specific or too vague.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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Takeover troubles
Article Abstract:
The takeover policies of the European Union, their implications for the financial market in Europe, and policy on minority stockholders are examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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