Cash Consideration
What is Cash Consideration? Cash consideration is the purchase of the outstanding stock shares of a company using cash as the form of payment. An all-cash offer is one way that an acquirer may use to acquire a stake in another company during a merger or acquisition transaction. Cash consideration is usually preferred by shareholders,...
Celler-Kefauver Act
What is the Celler-Kefauver Act? The United States Congress passed the Celler-Kefauver Act in 1950 with the goal of strengthening the provisions of the Clayton Antitrust Act of 1914. Specifically, the act was enacted to seal a loophole in the Clayton Act regarding certain forms of mergers and acquisitions. While the Clayton Act outlawed horizontal...
Trust Bank
What is a Trust Bank? A trust bank is an organization that allows its customers to transact with each other through contracts known as trusts. The bank acts as a trustee in such transactions and transfers assets from one customer/client (known as the settlor) to another (known as the beneficiary) according to the terms of...
Debt Issuance Fees
What are Debt Issuance Fees? Debt issuance fees refer to expenses that the government or public companies incur in selling bonds. The expenses include registration fees, legal fees, printing costs, underwriting costs, etc. The costs are paid to law firms, auditors, financial markets regulators, and investment banks that are involved in the underwriting process. They...
Corporate Banking
What is Corporate Banking? Corporate banking is a very important division within many large commercial and bulge bracket banks; this team serves as a critical link between the commercial banking group and the capital markets/investment banking teams. Corporate banking teams provide financial services like cash management, payment processing, credit products, and hedging strategies to large...
