Japanese company Mitsui has inked a deal with Petrobras for partial acquisition of stock
in the latter's natural gas distribution arm Petrobras GEis (Gaspetro) for about R$1.
Expedia, Inc (NASDAQ: EXPE), a US-based online travel company, has announced acquisition of stock
in eLong, Inc (NASDAQ:LONG), a China-based online travel service provider.
2005-48 noted that, before May 1, 1991, the acquisition of stock
as the result of the exercise of an option was viewed as a "purchase" for Section 16(b) purposes.
Restrictions on the Acquisition of Stock
Acquisition Rights due to Transfers
For the buyer of a business an acquisition of assets is generally preferable to the acquisition of stock
Previously, such so-called comfort rulings were available to resolve questions such as (i) whether a spin-off has an adequate corporate business purpose, (ii) whether a spin-off will be regarded as used principally as a device for the distribution of earnings and profits, and (iii) whether a spin-off and any prior or subsequent acquisition of stock
in the Parent or the Spinco are part of a plan under section 355(e).
Such an alliance may involve additional strategic alternatives including new equity investments or the acquisition of stock
or assets of SweetWater.
Tenders are invited for Acquisition Of Stock
Under Cd, Apwd, Kamorta During 2015-16 (Till The Completion Of Schedule Of Quantity).
A "major stock acquisition" generally means the acquisition of stock
pursuant to a plan by an acquiring corporation in a target representing 50% or more (by vote or value) of the target's stock.
However, letter ruling 200107025 recently stated that the acquisition of stock
by a limited partnership and an LLC would not terminate a corporation's S election.
In situations where a corporation has incurred debt in connection with its acquisition of stock
of another corporation and these criteria are not met or where the SEC rules are not applicable to the transaction, push down of debt, while not required, is still an acceptable accounting method.
The suit states that Citicorp controlled the activities of the development companies through the acquisition of stock
and was directly responsible for the sale, management and development of property in the Rotonda West community and misled unsuspecting property owners.