Template:M summ Equity Derivatives 12.1(b): Difference between revisions

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===Section {{eqderivprov|12.1(b)}} {{eqderivprov|Merger Event}}===
In summary, this breaks down into:
In summary, this breaks down into:
*'''Transfer''': an irrevocable commitment to transfer all the {{eqderivprov|Shares}} to another entity;
*'''Transfer''': an irrevocable commitment to transfer all the {{eqderivprov|Shares}} to another entity;
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Where the {{eqderivprov|Merger Date}} is before the final settlement date.
Where the {{eqderivprov|Merger Date}} is before the final settlement date.


Note that, by contrast, the "{{eqderivprov|Tender Offer}}" {{eqderivprov|Extraordinary Event}} is triggered by greater than 10% but less than 100% of the outstanding voting shares of the {{eqderivprov|Issuer}}. So the two do not in fact overlap.
Note that, by contrast, the {{eqderivprov|Tender Offer}}{{eqderivprov|Extraordinary Event}} is triggered by greater than 10% but less than 100% of the outstanding voting shares of the {{eqderivprov|Issuer}}. So the two do not in fact overlap.
===Section {{eqderivprov|12.1(c)}} {{eqderivprov|Merger Date}}===
For what its worth here is the definition of {{eqderivprov|Merger Date}}, in Section {{eqderivprov|12.1(c)}} {{quick summary|12.1(c)}}
 
===A quick primer on the differences [[merger]], [[consolidation]] and [[share exchange]]===
Basically, they are ''all'' ways of combining businesses. The difference is identity of the resulting entity.
 
{{Consolidation amalgamation merger capsule}}