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Hello, thank you for your previous answer. The assignment below is from the following textbook: Maynard, T. (2013). Mergers and acquisitions: Cases, materials, and problems
Hello, thank you for your previous answer. The assignment below is from the following textbook: Maynard, T. (2013). Mergers and acquisitions: Cases, materials, and problems (3rd edition). NewYork: Wolters Kluwer Law and Business.Is there anyway you can provide me these answers? Thanks.
After reading Chapter 3, please respond to the following questions:
Where possible, please support your responses with reference, cases or rulings.
1.In the case of a deal structured as anasset purchase, what is the general ruleregarding successor liability?
2. What happens to Target's obligations under a lease if Bidder acquires Target by :
-direct merger
-reverse triangle merger
-sale of assets
-stock purchase
3. What is a non-assignment clause?
4. Where the acquisition is structured as a sale of assets, will the transaction trigger the non-assignment clause? Explain.
5. What about direct mergers and forward triangular mergers? Will these types of mergers constitute a transfer of lease obligations such that it triggers the non-assignment clause in the lease agreement? Explain.
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