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Buy–sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy–sell arrangement, the service of a corporate trustee is recommended. Profit or loss from a buy-sell agreement may trigger tax conquencess and taxable income. [2]
Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is ...
It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s)' shares; the other shareholder(s) must then either accept the offer or buy the offering ...
AT&T may prioritize share buybacks instead, which could make sense given the stock's still-cheap valuation. Even with a stagnant dividend, AT&T stock currently yields about 4.9%.
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AT&T (NYSE: T) stock jumped 4% through 11:05 a.m. ET Tuesday after outlining its "strategic plan to drive sustainable growth and enhanced shareholder returns" through 2027. Build the nation's ...
An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. [1] [2] It is important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it is common for a buyer to ...
According to El Mundo, AT&T Inc. (NYSE: T) made an offer for Spanish telecom Telefonica S.A. (NYSE: TEF). According to a version of the article by translated by Google: Telefonica shares have ...