A breakup fee (sometimes called a termination fee) is a penalty set in takeover agreements, to be paid if the target backs out of a deal (usually because it has decided instead to accept a more attractive offer). The breakup fee is ostensibly to compensate the original acquirer for the cost of the time and resources expended in negotiating the original agreement. A breakup fee also serves to inhibit competing bids, since such bids would have to cover the cost of the breakup fee as well.[1]
^Goodman (2014). Dictionary of finance and investment terms. (9th ed.). [Online]. Hauppauge: Barron's Educational Series. Hauppauge: Barron's Educational Series.
A breakupfee (sometimes called a termination fee) is a penalty set in takeover agreements, to be paid if the target backs out of a deal (usually because...
and Markets Authority." Adobe said it would pay the $1 billion reverse breakupfee to Figma as part of the initial agreement. In June 2013, Figma raised...
stalking horse offer, the debtor can offer bidding protections such as breakupfees to its best bidder before the auction. These incentives enhance the value...
Subsequently, Alvin Chau paid her HK$300 million (RM158 million) as a “breakupfee” in November 2019. 2008: Dressage to Win 2010: Mr. Hong Kong 2013: Asian...
Sussex paid a $313 million breakupfee in advance, in case the deal fell through with $78 million of that used to pay the breakupfee to Pinnacle Entertainment...
would have downgraded its credit rating. Dofasco paid ThyssenKrupp a breakupfee of $215 million. Dofasco's board recommended the latest Arcelor offer...
the US tax code by the US Treasury; AbbVie had to pay a $1.6 billion breakupfee. On March 4, 2015, AbbVie announced its agreement to acquire oncology...
close the acquisition, he would be required to pay Twitter a $1 billion breakupfee. Agrawal was set to receive $39 million from the buyout, while Dorsey...
Electronic Boutique's original definitive agreement with Funco included a breakupfee of $3.5 million, the cost of which was covered by Barnes & Noble. In...
repurchase Top-ups Treasury stock Gray knight White knight Whitemail Breakupfee Concentration of media ownership Control premium List of largest mergers...
announced they were calling off the merger, with JetBlue paying Spirit a breakupfee of $69 million and Spirit's shareholders $400 million. In January 2024...
termination agreement, Penn National received $1.475 billion, consisting of a breakupfee of $225 million and an interest-free $1.25 billion loan from Fortress...
The breakup of the Bell System was mandated on January 8, 1982, by a consent decree providing that AT&T Corporation would, as had been initially proposed...
sued LeEco claiming that it failed to pay $60 million of a $100 million breakupfee. The suit was later settled by the companies in November 2018 on undisclosed...
regulators. This resulted in Amazon paying iRobot a $94 million reverse breakupfee, iRobot laying off 31 percent of its employees, and CEO Colin Angle departing...
offer, including a $.17 increase per share to $42.67 and a $350 million breakupfee if the deal were to encounter regulatory trouble. The two said the offer...
Retrieved 2019-01-03. "Celgene, Bristol-Myers set $2.2 billion termination fee for their mega deal". Reuters. 4 January 2019. Archived from the original...
Electronic Boutique's original definitive agreement with Funco included a breakupfee of $3.5 million, the cost of which was covered by Barnes & Noble. Pomije...
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