By Peter Lyons, Esq. & Mr. Ken Bond & Mr. Andrew B. Jones & Hugo Dubovoy, Jr., Esq.
This session at Transaction Advisors M&A Conference at the University of Chicago addressed the give-and-take between buyers and sellers in negotiating key provisions in M&A deals.
This article provides a high-level summary of the Reverse Morris Trust transaction structure, its advantages, and tax requirements, as well as securities and corporate law issues associated with the structure, necessary legal documentation, and potential key items of negotiation.
By James R. Asmussen, Esq. & Mr. Brian Boorstein & Mr. Frank Jaehnert & Kathryn Buono, Esq.
This discussion considered many of the key strategic and tactical issues that cause deals to fail to close and remedies one might consider as deal structures are developed. The session then pivoted to look at some of the most common reasons completed transactions fail to produce expected synergies and returns for investors.
By Mr. John P. Bennecke, CPA & Mr. Daniel Van Vleet & Mr. Jeffrey L. Olin & Jeffrey A. Goldman, Esq.
This session covered key tax issues in due diligence; explored the tax benefits of various M&A structures; considered key tax provisions in acquisition agreements; and explored recent tax developments and reforms that may impact transaction planning and IRR measures.
According to Deloitte’s global M&A Index, there has been a significant recent increase in major divestment activity, with companies announcing nearly $200 billion worth of global divestments in 2016 alone, compared to $150 billion in 2014.
