llcs-corporations-partnerships

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Definition

See: shareholder.

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Definition

See: Shareholder Derivative Suit.

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Definition

See: S corporation.

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Definition

See: joint venture.

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Definition

The change in controlling interest in a corporation. Takeovers can be unfriendly (hostile), meaning adversarial to the existing management or friendly, meaning with the approval of existing management.

See alsoHostile TakeoverGreenmail
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Definition

A public offer to buy shares of a corporation, usually at above market price and with the intention of gaining controlling interest in the target corporation. An acquirer making a tender offer for more than 5% of a corporation's shares is...

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Definition

An agent, usually a commercial bank or trust company, appointed by a corporation to keep legal records of all the corporation's stockholders. The transfer agent updates these records when stock is transferred, issued or cancelled.

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Definition

Stock that has been reacquired by the issuing corporation. While held by the issuer, the stock is considered issued but not outstanding, and is not considered in measuring the value of outstanding common shares.

UBO

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Definition

Unincorporated business organization. See: Massachusetts trust.

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Definition

Latin, meaning "beyond the powers." Describes actions taken by government bodies or corporations that exceed the scope of power given to them by laws or corporate charters. When referring to the acts of government bodies (e.g., legislatures...

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