The Respondents' scheme to acquire
First Western was undertaken as part of a broader fraudulent scheme by Greater Ministries.
First, it applies only to costs to create intangibles, and is inapplicable to any costs incurred to acquire
branch and agency of a foreign bank that acquires
or controls, or that is affiliated with a company that acquires
or controls, merchant banking investments and:
(7.) Section 3(d) of the BHC Act specifically authorizes a state to enact laws that limit the ability of an out-of-state bank holding company to acquire
a bank in that state by requiring that the bank to be acquired be in existence for a minimum period of time, as long as that period does not exceed five years.
1984 - Acquires
Simsco's three mid-volume foundries.
Finally, the acquiring company acquires
the target with the wanted assets (whether the distributing or formerly controlled corporation) in a stock-for-stock exchange.
First Mariner proposes to become the largest shareholder in Glen Burnie, and its acquisition of a minority interest is a first step in seeking to acquire
all the shares of Glen Burnie.
Details of the agreement: Nationwide will acquire
Provident Mutual for $1.56 billion.
Consider the example of one corporation ("Holding") that acquires
the stock of another corporation ("Target") for less than (or more than) the historic cost of Target's assets.
First, section 355, which provides an exception to the repeal of the General Utilities doctrine, was intended to permit tax-free restructurings of several businesses among existing shareholders.(52) When new shareholders acquire
some or all of either the distributing or controlled corporation, the transaction no longer looks like a mere restructuring, but rather like a sale of a business.(53) A few highly publicized transactions -- such as Viacom's spin-off of its cable company to TCI, General Motors' sale of Hughes Electronics to Raytheon, and Walt Disney's sale of its newspaper properties to Knight-Ridder -- contained features that caused the transaction to more closely resemble a sale.
Randolph and Gem err, however, by applying the same mathematical modifications to the transmission efficiency by which larvae acquire
spirochetes from a persistently infected host (3).
In addition, if the exercise price is lent on a nonrecourse basis secured only by the shares acquired, there may, depending on the circumstances, be some uncertainty over whether the employee has in substance purchased the shares pursuant to the ISO or merely entered into an option to acquire
the shares upon payment of the purported debt.(29)