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friendly takeover |
Also found in: Financial | 0.01 sec. |
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It appears Inco's loss of independence correlates back to the failed attempt to acquire Falconbridge by way of friendly takeover. 503 US 79 (1992)--denying deductions for banking and legal fees incurred to Facilitate a friendly takeover offer--gave rise to concerns that the IRS would seek to curtail current deductibility of other types of business expenses that could be viewed as creating more than an incidental future benefit. It's an altogether underleveraged franchise - although Matthew Cullerne Bown's massive Socialist Realist Painting makes a strong bid for a friendly takeover. |
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