Corporate
Feb. 19, 2011
Two-Step Mergers Gaining Popularity
Five years ago, mergers and acquisitions lawyers used the two-step acquisition rarely. Today they use it in the majority of cash-funded public company acquisitions, thanks in part to recent regulatory changes.
Special to the Daily Journal
Five years ago, mergers and acquisitions lawyers used the two-step acquisition rarely. Today they use it in the majority of cash-funded public company acquisitions, thanks in part to recent regulatory changes.
Friendly tender offers made up more than 60 percent of all-cash deals announced by strategic acquirers in 2009. That's up from less than 15 percent in 2005-06, according to data compiled b...
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