FOLIO Ontology

Change of Recommendation Covenant

IRI:
https://folio.openlegalstandard.org/R7lw1kvfDrIqvdTv04QYbIP
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Definition

A Change of Recommendation Covenant is a provision in a deal protection agreement that requires a target company's board to recommend a new offer to its shareholders, even if it is less favorable than a previous offer, in exchange for certain protections for the acquirer.

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Is Defined By

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See Also

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Translations

🇧🇷 pt-br Alteração da Cláusula de Recomendação
🇪🇸 es-es Cambio del Convenio de Recomendación
🇲🇽 es-mx Cambio del Convenio de Recomendación
🇬🇧 en-gb Change of Recommendation Covenant
🇫🇷 fr-fr Changement de la clause de recommandation
🇩🇪 de-de Änderung der Empfehlungsklausel
🇮🇱 he-il שינוי ברית ההמלצה
🇮🇳 hi-in सिफारिश निवेदन का बदलाव
🇨🇳 zh-cn 建议变更契约
🇯🇵 ja-jp 推奨規定変更

Class Hierarchy Visualization

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Additional Information

Metadata

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Identifier

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Deprecated

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Source and Origin

No source or origin information available