M&A Transactions definition
Examples of M&A Transactions in a sentence
While The Beacon Group noted that no merger and acquisition transaction reviewed was directly comparable to the Merger, The Beacon Group deemed three of the reviewed transactions most relevant in evaluating the Cash Merger Consideration (the "Comparable M&A Transactions") because of their focus on physical property measurement and the reasonable comparability of their end markets.
With respect to the Comparable M&A Transactions and the Merger, The Beacon Group, among other things, compared: - the Equity Consideration Value (as defined below) of the acquired companies and Instron as a multiple of LTM net income; and - the Aggregate Consideration Value (as defined below) of the acquired companies and Instron as a multiple of the LTM sales, EBITDA, EBIT and net book capital.
The following table presents the overall mean and median of the Equity Consideration Value as a multiple of net income and the overall mean and median of Aggregate Consideration Value as a multiple of sales, EBITDA, EBIT and net book capital for all of the Comparable M&A Transactions and the multiples of the same financial metrics for Instron based on the $22.00 per share Cash Merger Consideration.
In order to adjust for different growth and market characteristics of the Comparable M&A Transactions, The Beacon Group analyzed the mean and median multiples for the Comparable M&A Transactions.
For the avoidance of doubt, none of the adjustments set forth in this Section 1(a) shall be made for M&A Transactions, corporate reorganizations or other transactions by CME, which do not immediately increase or decrease, Equity Index Complex Revenue.
No public company utilized as a comparison is identical 34 45 or directly comparable to Instron, and none of the Comparable M&A Transactions or other business combinations utilized as a comparison is identical or directly comparable to the Merger and the other Transactions.
Any M&A Transaction that is specifically included in the Business Plan, or any other M&A Transaction with an aggregate value, when combined with all other such M&A Transactions approved by the Management Board without Board consent during any fiscal year, of less than the Authority Threshold.
For clarity, this section and the requirements for the payment of Non-Royalty Income shall not apply to any M&A Transactions.
No public company utilized as a comparison is identical or directly comparable to Instron, and none of the Comparable M&A Transactions or other business combinations utilized as a comparison is identical or directly comparable to the Merger and the other Transactions.
Consultant shall receive equity compensation in the amount of two percent (2%) of the Company’s then outstanding common shares (“Common Shares), upon the closing of the Company’s first M&A Transaction; and equity compensation in the amount of one percent (1%) of the Company’s Common Shares upon the Closing of the Company’s second and third M&A Transactions.