The market's version of a 'quickie' divorce is getting more complex and costly
Publishing timestamp: 2024-03-09 10:28:17
Summary
Reverse termination fees in M&A deals are on the rise due to increased regulatory scrutiny. Companies are negotiating break-up fees to manage risks in case deals fall apart for regulatory reasons. Regulators are making it harder for deals to go through, leading to more uncertainty in the M&A landscape.
Sentiment: NEUTRAL
Tickers: ADBE, DFS, TD-CA, AMZN, ACI, COF, FHN, TD, KR, IRBT,
Keywords: mergers and acquisitions, capital one financial corp, discover financial services, albertsons companies inc, industry regulation, kroger co, adobe inc., antitrust regulation, toronto-dominion bank, first horizon corp, amazon.com inc, irobot corp, business news, wall street,
Source: https://www.cnbc.com/2024/03/09/the-market-version-of-quickie-divorce-is-getting-more-costly.html