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Financial terms in "Mergers and Acquisitions"

1. MBI

2. conversion ratio

3. backward integration

4. in play

5. Targeted repurchase

6. restricted

7. bulk transfer

8. letter of intent

9. Merger Arbitrage

10. final closing date

11. equity method

12. stock-for-asset reorganization

13. busted takeover

14. Show stopper

15. Black Knight

16. Net advantage to merging

17. deal date

18. commission recapture

19. City code on takeovers and mergers

20. swap ratio

21. floating security

22. War chest

23. Acquisition

24. Golden Parachute

25. controlled company

26. hostile bid

27. earnout

28. Takeover Bid

29. board-out clause

30. Poison Pill

31. horizontal merger

32. hostile tender offer

33. consolidation phase

34. hostile leveraged buyout

35. sandbag

36. any-and-all bid

37. management buyout

38. mezzanine debt

39. takeunder

40. Asset stripper

41. Reverse Takeover

42. street sweep

43. drag-along right

44. two-tier tender offer

45. gray knight

46. Affiliate

47. cost synergy

48. style drift

49. anti-takeover measure

50. Private Market Value

51. self tender defense

52. agglomeration

53. Whitemail

54. Hostile takeover

55. coinsurance effect

56. unbundling

57. institutional buyout

58. zombie

59. stock swap

60. Asset value

61. absorbed

62. buy, strip and flip

63. creative destruction

64. Merger

65. exit p/e ratio

66. friendly takeover

67. type B reorganization

68. statutory consolidation

69. Pyramiding

70. takeover stock

71. Cash Reserves

72. management buyin

73. breakup fee

74. Lady Macbeth Strategy

75. leveraged recapitalization

76. staple financing

77. Scorched-Earth Policy

78. lock-up option

79. purchase acquisition

80. change of control

81. target

82. Buyout

83. Bear Raid

84. in-process research and development

85. merger securities

86. stock-for-stock reorganization

87. corporate finance

88. amalgamation

89. asset acquisition

90. Vertical merger

91. National Association of Certified Valuation Analysts (NACVA)

92. paper offer

93. PMV

94. vertical acquisition

95. dilutive acquisition

96. Reverse Merger

97. consolidation

98. bear hug

99. Grey Knight

100. creeping takeover

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Fill Or Kill Order (FOK)

Categories: Finance,

Has various definitions. 1) On some exchanges, a market or limited price order that is to be executed in its entirety as soon as it is represented in the trading crowd, and, if not so executed, is to be treated as canceled. In this context, no partial fills are accepted, and the FOK order is treated as an IOC, Aon order. 2) On other exchanges, a market or limit order that is to be executed by filling the number of shares made available by the first bid or offer, and then canceling any unfilled balance. In this context, a FOK order is treated as an instruction to fill what can be filled by hitting the first bid or offer, and cancel the rest. In this case partial fills are possible, and the FOK order is treated as an IOC, Any Part order. Because of the prevalence of interlisted stocks, the ability of a broker’s trading desk to direct trades to one exchange or another, and the different interpretations the order can have depending on which exchange the order is routed to, use of this type or order is discouraged. Instead, either an IOC AON, or an IOC Any Part, order will get the desired result regardless of the exchange.

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