Example sentences of "a target company " in BNC.
Next page| No | Sentence |
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| 1 | But if each buys , say , three per cent in a target company , then the five per cent declaration rule applies . |
| 2 | That allows a target company to demand the identity of the owner of shares registered in a nominee name . |
| 3 | This presents a major obstacle , in so far as the would-be acquirer needs to be able to calculate the attitude of a target company 's owners to an offer , given that the management will often be uncooperative . |
| 4 | However , the rules which regulate take-over bids are so riddled with occasions when the managers of a target company can affect the outcome of the bid that the take-over bid ceases to act as the potent threat to self-serving or inefficient corporate managers which it is supposed to be . |
| 5 | Trading in the shares of a target company on the basis of inside information is perhaps the best known form of insider dealing . |
| 6 | It is thought that the defence is most relevant in the context of take-overs where a merchant bank may build up a stake in a target company for a prospective bidder . |
| 7 | This service is also offered independently of a search when a target company has already been identified . |
| 8 | When the decision is made to approach a target company the best way of doing this should be considered . |
| 9 | You should also be aware that , whilst it is accepted practice for the approach letter to be written on the anonymous basis proposed above , you are likely to receive a more positive response from a target company should the circumstances of a particular approach allow you to relax your requirement for anonymity . |
| 10 | There must also be the prospect of a profitable exit for the investors , and a target company that is able to generate enough cash to service its debt . |
| 11 | The giving of warranties by the vendor is not confined to a share sale , though where a target company , rather than assets , is being acquired Newco needs a great deal more warranty protection , as Target 's liabilities may not be easily determinable and , unlike an assets sale , Newco will " acquire " all Target 's liabilities ( ie , the net asset value of Target , on which the purchase price payable by Newco is likely to be based , could be reduced because of undisclosed and unforeseen liabilities which crystallise after completion ) . |
| 12 | New rules in s88 and Sch 8 Finance Act 1993 now restrict the usefulness of capital losses carried forward in a target company which is acquired by a capital gains tax group . |
| 13 | A fund manager is connected with an offeror or a target company if he is controlled by , controls or is under the same control as the offeror or the target , or any bank , stockbroker , financial or other professional advisers to the offeror or target , or is an investor in the consortium making the bid . |
| 14 | A market-maker is connected with an offeror or a target company in the same way as a connected fund manager . |
| 15 | It may be used to acquire control of a target company as an alternative to a takeover offer . |
| 16 | The build-up of a significant stake in a target company within a matter of hours , giving the board of the target company little time to react or advise its shareholders . |
| 17 | The primary purpose of the SARs is to restrict the swift build-up of substantial stakes in a target company by dawn raids . |
| 18 | An alternative offeror , solicited by a target company and recommended by the target 's board to its shareholders in preference to a hostile bidder . |
| 19 | When an offeror successfully completes a takeover bid for a target company it acquires control of the target with all its assets and liabilities , whether disclosed or undisclosed . |
| 20 | Thus , if a bidder and its merchant bank buy shares in a target company , there is a presumption that they are acting in concert and their purchases will be aggregated . |
| 21 | People may buy shares in a target company simply because it has attracted the attentions of a potential offeror which is known to have a good eye for investment opportunities . |
| 22 | A target company may use the power to buy-in its own shares as part of a defensive strategy ( see para 18.5.7 below ) , subject to Rules 21 and 37.3 . |
| 23 | Assuming that a target company is confined to an authority of 10 per cent it will be seen that the directors of the target and their concert parties will need to hold at least 27 per cent before the buy-in to hold 30 per cent afterwards and thereby trigger a Rule 9 obligation . |
| 24 | ( f ) to demerge a target company ( this might be used as a defence tactic ( see para 18.5.14 below ) ) . |
| 25 | On the other hand , an active market in the offeror 's shares may help persuade shareholders of a target company which has a less liquid market in its shares to accept a share exchange offer . |
| 26 | The announcement of a firm intention to make an offer for a target company must only be made when the offeror has every reason to believe that it can and will continue to be able to implement the offer ( Rule 2.5(a) ) . |