Remove topics takeover-bids
article thumbnail

Gray Knight

Wall Street Mojo

A Gray Knight is an entity that engages in the bidding process for a company takeover without being initially invited to do so. They typically hold potential interest in the target company but initially observe from the sidelines to assess the evolution of the bidding. White knights serve as a defense against hostile takeovers.

article thumbnail

Hostile Activity - Tracking CHH and WH on Social Media (Day 1 Morning - Afternoon)

Transactional Delights

Following the public filing documenting CHH’s offer to WH, here is what social media had to say on the topic: Make no mistake: $CHH going public with its offer to $WH is a hostile action. billion takeover that would combine two of the largest operators in the budget hotel space. $CHH Everything always comes back full circle.

Media 52
article thumbnail

Cooley’s 2023 Life Sciences M&A Year in Review: Potent Mix of Creativity and Resilience Spurs Activity Heading Into 2024

Cooley M&A

When pursuing a stock-for-stock transaction, it is critical for both parties to effectively message to the market the strategic benefits and long-term potential upside of the deal while proactively anticipating potential stockholder opposition – including a potential competing all-cash bid or cash liquidation alternative. billion.

M&A 52