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Introduction Transactions Overview Initiation of Transaction Process Lock-up Agreements Management Participation Conditions Transaction Timing Special Meeting Dividends and Other Distributions Material Adverse Effect Interim Period Covenants Representations and Warranties Non-Solicitation Right to Match Alternative Acquisition Proposals Break Fee Reverse Break Fee Expense Reimbursement Specific Performance Appendix A: Methodology Appendix B: Transactions Reviewed Appendix C: Blakes Mergers & Acquisitions Practice   Special Meeting     For shareholder-approved transactions, could Buyer require Target to adjourn the special meeting of Target's shareholders?         On what basis could Buyer require an adjournment?             When Buyer could require Target to adjourn the special meeting of Target's shareholders, the average maximum length of adjournment permitted was 11 days. In 67% of transactions reviewed, the maximum adjournment was less than or equal to 10 business days.         Could Buyer force a vote of Target's shareholders regardless of a Superior Proposal?             For shareholder-approved transactions, could Buyer force Target to retain a proxy solicitation agent?     Go to top