If Chevron doesn't make an offer, or if its revised proposal is rejected, Anadarko must pay Chevron a $1 billion breakup fee
Accordingly, Rent-A-Center notified Vintage Capital of Rent-A-Center's termination of the deal and noted Vintage Capital's obligation under the terms of the deal to pay the company a reverse breakup fee
of USD 126.5m within three business days.
Bloomberg reports the breakup fee
on the deal with Blackstone, should LaSalle choose to terminate it, is $112 million, according to a LaSalle regulatory filing.
This comes a day after CNBC reported that Amazon not only offered to buy a majority stake in the company but also offered a breakup fee
of $2 billion and a non-compete.
Interestingly, Amazon too has formally submitted an offer to acquire 60 percent controlling stake in Flipkart, along with offering a $2 billion breakup fee
as a means of convincing Flipkart to discuss the offer.
It added, "Broadcom has promised to pay a breakup fee
of $8 billion in the event regulators thwart the deal, as well as a "ticking" fee of 6 percent per year on the cash portion of the consideration if the deal takes more than 12 months to close."
Disney will owe Fox a $2.5 billion breakup fee
if its unable to get regulatory approval for the deal, according to a filing Thursday.
WBA also agreed to pay Rite Aid a breakup fee
of $325 million.
That buyer, however, will have to be someone with a license to run an assisted living facility, according to the filing, and will have to pay at least $300,000 more, with Northbridge getting $250,000 of that as a breakup fee
for its trouble.
The deal agreement may free Anthem from having to pay an antitrust-related breakup fee
if Cigna committed a willful breach of the agreement terms.
Shareholders can vote against the deal, triggering a breakup fee
of about $10 million.
Baker Hughes sought to reassure investors by announcing a $2.5 billion plan to buy back stock and pay down debt, using the breakup fee
it will receive following the collapse of its long-stalled takeover by fellow oilfield services provider Halliburton.