Deal Protections and Remedies: A Study of Public Merger Agreements in 2015 | Practical Law
A study analyzing trends in deal-protection measures binding target companies in public merger transactions, including no-shops and go-shops, fiduciary outs, matching rights, and break-up fees. The study covers all merger agreements for acquisitions of US reporting companies for the calendar year 2015 with an equity value at signing of $100 million or more. The study also reviews the deal protections negotiated by buyers who require their own stockholder vote.