Exchange Ratio

(redirected from kill ratio)
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Exchange Ratio

The number of new shares in an acquiring firm that are given for each outstanding share of an acquired firm.

Exchange Ratio

In mergers and acquisitions, the number of shares an acquiring firm distributes for each validly rendered share of the acquired company. Each exchange ratio is calculated in accordance to the merger or acquisition agreement. Factors considered in determining the ratio are the relative value of each company prior to the closing of the merger or acquisition, any potential tax advantages for both parties, and applicable regulations.
References in periodicals archive ?
They achieved a kill ratio of 10:1 over their Chinese and North Korean opponents .
I was later told by doctors who were there in Gaza during Israel's onslaught that Gaza had become Israel's veritable weapons testing laboratory, people used to test and improve the kill ratio of their weapons.
I was later told by doctors who were there in Gaza during IsraelAAEs onslaught that Gaza had become IsraelAAEs veritable weapons testing laboratory, people used to test and improve the kill ratio of their weapons.
The award submission focused heavily on the F-22's performance during the 2006 Northern Edge exercise where Raptors flew 97 percent of their assigned training sorties, F-22 pilots scored an "unheard of" 80-to-1 kill ratio against their opponents, scored direct hits with 100 percent of their 1,000-pound GBU-32 joint direct attack munition air-to-ground weapons, and increased overall situational awareness for their entire team through the F-22's integrated avionics package.
Over several simulated air battles, the Raptors have achieved a very impressive 108:0 kill ratio.
To be effective their kill ratio would have to be near the 100% mark.
This is a gore fest with a kill ratio which isn't for the faint-hearted.
With such a high kill ratio, he says, resistance genes won't be passed on to a new generation of hardy survivors, which might otherwise reside as comfortably on a hexyl-PVP--coated surface as if they were sunbathing on the beach.
Datalinks are able to increase the air-to-air kill ratio by three times during the day and by greater than four times at night.
It is claimed that, in combat with a tank armed with a conventional 105 mm gun, the use of the Lahat gives a kill ratio of 4.
Without any upgrades to their F-4 Phantom jets, the Navy pilots' kill ratio soared to 12 to 1 when the dog fights started again.
Among the more than 15,000 aircraft produced by Chance Vought's legacy companies, other notable ones include the 0S2U Kingfisher, an amphibian scout/observation aircraft; the F4U Corsair, which achieved an 11 to 1 kill ratio against enemy aircraft in World War II; the F7U Cutlass, the Navy's first supersonic and first swept-wing fighter; and the F-8 Crusader jet, which set a national speed record in 1956 by flying over 1,000 mph.