What Is an Acquirer in Mergers and Acquisitions? In a merger or acquisition, an acquirer is a firm that gains the rights to another company or commercial connection through a financial transaction. These can be mergers, acquisitions, or other types of structured agreements. Acquirers buy out a firm and take […]
Legal Terms
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What Is Rule 147? SEC Rule 147 allows small local companies to raise intrastate funds without having to register with the Securities & Exchange Commission. Rule 147 can be used by a company to raise funds within its own state of operations. Further, they can do this without actually registering […]
What Are Drag-Along Rights? Drag-along rights let majority shareholders drag minority shareholders into the sale of a company if minority holders are given the same price, terms, and conditions. Share offerings, mergers, acquisitions, and takeovers can all be complicated transactions. The more parties involved, the more complicated and difficult a […]
What Is Non-negotiable? Non-negotiable means not open for debate or modification. As a result, it is a condition that cannot be changed through discussion or negotiation. In business, it can refer to the price of a good that is firmly established. Therefore, the price cannot be adjusted and is considered […]
What Is a Living Trust? A living trust is a legal document that, like a will, contains your instructions for what you want to happen to your assets when you die. However, unlike a will, assets can transfer to a beneficiary while avoiding probate. A living trust is a legal […]
The Settlor of a Trust – What Does That Mean? The settlor of a trust is the person who creates a trust to be managed by a trustee for the benefit of another party called the beneficiary. The settlor of a trust plans, creates, and funds the trust. Without the […]