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A standstill agreement may be used as a form of defence to a hostile takeover, when a target company acquires a promise from an unfriendly bidder to limit the amount of stock that the bidder buys or holds in the target company. By obtaining the promise from the prospective acquirer, the target company gains more time to build up other takeover ...
In 1954, just weeks after the Castle Bravo test, Indian Prime Minister Jawaharlal Nehru made the first public call for a "standstill agreement" on nuclear testing. Nehru viewed a testing moratorium as a crucial first step toward broader and more comprehensive arms control agreements, reflecting his commitment to nuclear disarmament and global ...
The standstill agreement was separate from the Instrument of Accession, later formulated by the States Department of the future dominion of India, which was a legal document that involved a surrender of sovereignty to the extent specified in the Instrument. [1] [a] Both the draft agreements were presented to the Chamber of Princes on 25 July. A ...
In 1954, following the Castle Bravo test, Prime Minister Jawaharlal Nehru of India issued the first appeal for a "standstill agreement" on testing, which was soon echoed by the British Labour Party. [ 11 ] [ 12 ] [ 13 ] Negotiations on a comprehensive test ban, primarily involving the US, UK, and the Soviet Union, began in 1955 following a ...
He said that the company had entered into a so-called standstill agreement with the SEC earlier this year not to conduct an ICO or go public, but Konanykhin said he decided to breach the agreement ...
The tug of war between BlackRock and FDIC is the latest example of rising D.C. scrutiny of BlackRock, which oversees $11 trillion in assets. For years, the financial giant has been a target of GOP ...
Once things are settled between the two entities, the hostile firm launches a takeover offer for the white knight. This takeover offer is generally a hostile one. The target (firm being bid on) can enter into standstill agreements [clarify] with the white knight to prevent it from turning into a gray knight. [citation needed]
washington (ap) — ___ EDITORS: As part of its coverage of the death of former President Jimmy Carter , The Associated Press is looking back at major events in his life. Carter's success at Camp David negotiating a Mideast Peace agreement between Egypt and Israel was one of his crowning achievements.