Question
In a stock financed merger using a Fixed Value structure, the pre-closing risk (I.e., risk between announcement and close) is born:? 1)100% by target 2)100%
In a stock financed merger using a Fixed Value structure, the pre-closing risk (I.e., risk between announcement and close) is born:?
1)100% by target
2)100% by buyer
or
3) By both buyer and seller based on the % ownership of the 2)
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
