The strategies for surviving a friendly acquisition
are similar to those for a merger.
9 (1999), the Tax Court determined that officers' salaries and legal fees incurred by a target company in a friendly acquisition
were required to be capitalized, because they were sufficiently related to an event that produced a significant long-term benefit.
It seemed, some hinted, that Mattel might be nearing a point where it might either have to adopt more aggressive tactics or walk away from the proposed friendly acquisition
Careful planning is necessary when a company incurs expenses to resist a hostile takeover while implementing a friendly acquisition
1) Justice Blackmun, writing for a unanimous court, affirmed the disallowance of deductions claimed by the taxpayer for legal fees and investment banking fees incurred by Indopco's predecessor, National Starch and Chemical Corporation, in connection with the friendly acquisition
of National Starch by Unilever United States, Inc.
has gained a friendly acquisition
proposal that values the Calgary-located firm at $575 million, excluding debt obligations.
In that case, the Supreme Court decided that a taxpayer could not deduct the costs it incurred to facilitate a friendly acquisition
Recently, the Tax Court in the National Starch & Chemical case upheld the IRS's assertion that fees (including the cost of a fairness opinion) incurred in a friendly acquisition
must be capitalized.
We are already meeting with new customers that will immediately bring additional revenues to the Company and we have identified a number of friendly acquisition
targets beyond the second company with which we already have a letter of intent.
in a friendly acquisition
from the previous owner, Sumitomo Corporation.
33) that legal and investment advisory fees incurred in a friendly acquisition
do not qualify for deduction under Sec.
The software provides high quality, journalist friendly acquisition
, compression, management, and transport features.