Court for the Southern District of New York, charges Life Spine, as well as its Founder, President and CEO Michael Butler, and Vice President of Business Development Richard Greiber, with violating the False Claims Act, saying they paid kickbacks in the form of millions of dollars in consulting fees, royalties and intellectual property acquisition fees
to surgeons to induce them to use the company's spinal implants, devices, and equipment.
Expected synergies and fee structure realignment related to investment management fees, acquisition fees
, disposition fees, financing fees and refinancing fees are expected to provide a projected average annual increase of almost USD 21m in cash flow to the combined company as a result of the mergers.
We have created a more balanced group combining recurring annuity revenue, with a range of consulting, research-related and high-quality fully-retained talent acquisition fees
Carter Validus Mission Critical REIT II, Inc., a public non-traded real estate investment trust focused on assembling a diversified portfolio of net-leased data center and healthcare assets, announced the acquisition of the Canton Data Center and the Indianola Healthcare Facilities Portfolio for an aggregate contract purchase price of approximately USD 23.2 million, excluding acquisition fees
and costs, the company said.
The regulator claims that, because of this, he should have funded the acquisition fees
himself, rather than taking the cash out of BHS after the acquisition.
Carriers spend big money on acquisition fees
. Travelers, for example, pays producers an average standard commission of 15.3% for a commercial multiperil policy, whereas Zurich pays an average of 19.6% and Chubb pays as high as 35%, according to the insurers' compensation disclosures.
An even more horrific aspect of the story is the fact that the audit report was compiled on the basis of information from the tourism ministry and private companies as there were no supporting documents at the MMPRC on the lease agreements and financial dealings and such dubious transactions as the lease of two lagoons and a plot of land without an acquisition cost, the lease of an uninhabited island to two companies despite a previous lease agreement, and the failure to collect US $ 7.21 million owed as acquisition fees
for nine properties.
HCC's internal cost-saving measures (such as cutting marketing expenses and acquisition fees
) may partly offset the negative impact of reduced merchant fees, but could shrink its market share, which has already been in gradual decline.
A new report from the Arab Advisors Group has analysed the cellular spectrum acquisition fees
in nine countries: Algeria, Bahrain, France, India, Jordan, Oman, Saudi Arabia, South Africa and UK.
Merger and Acquisition fees
totalled USD47.6m, which is 81 percent higher than 2012 Q1.
The company paid $687 million, or 66 billion yen at the time, to a financial advisory firm in connection with the Gyrus acquisition and spent about 73.4 billion yen for the buyout of the three Japanese firms, including advisory and acquisition fees
to investment funds.