The Acquiring Company holds all the shares in the share capital of the Acquired Company
as a consequence of which it shall not be necessary to increase the share capital of ORLEN Upstream upon the moment of merger.
Financial details of this acquisition and details of the acquired company
were not available.
In a merger, the surviving company is liable for any taxes owed by the acquired company
and is entitled to any refunds due to the acquired company
, while the acquired company
ceases to exist, loses its TIN, and is treated as though it had always been part of the surviving company.
A major consideration is likely to be access to the technical and social knowledge of the local environment that the executives and personnel of the acquired company
possess (Child, Faulkner, & Pitkethly, 2001; Deiser, 1994).
DP: ASI retains the management team of the acquired company
The issue of which organization assumes the liabilities comes into play when the acquired company
will cease to exist after the transaction.
Ewing points out that only some of the board members of the acquired company
will transfer to the new board and so there is the need to purchase tail coverage for directors and officers for a certain period "so that if anything resurrects itself, at least that coverage would be there," he said.
HCC Chairman/CEO Peter Quandt said the acquired company
"is well-regarded in its market segment and is an ideal complement to our Oakstone Medical Publishing business.
Review, revise and integrate policies, procedures and Sarbanes-Oxley Section 404 documentation of the acquired company
into the acquirer's.
The identification process becomes more problematic, however, if the acquired company
is publicly held because many shareholders choose to have their shares held by a nominee instead of in certificated form.
This study considers the influence of retained acquired company
top executives on the eventual outcome of corporate acquisitions.
Thus, goodwill is no longer only associated with the net assets it was acquired with, rather it is associated with a larger part of the acquired company
, known as the reporting unit.