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ers
Commercial Law
Course 12
Dec. 10, 2015
Zissu C. Carabas
Merger Definition
Definition
( continued)
monetary compensation
Reasons
Countless others
Requirements
Requirements ( continued)
Section 204, Law 31/1990
Steps
Objection(s)
Steps (1/5)
Steps (1/5)
(continued)
o Denomination, structure,
and headquarters of each
firm involved in the
operations
o Granted rights
o Handover procedure
(interest, social parts,
shares)
Steps (2/5)
Steps (3/5)
Objection(s)
Steps (3/5)
continued)
Steps (4/5)
Steps (5/5)
Lack of communication
Effects
Gone wrong
Possibility of
expansion (higher
revenues and/or
profits)
Extended product
range
Could turn out to be
great investment
Nearly impossible to
hold your
team/department
together
A risky gamble
Types of Mergers
Absorption
Consolidation
Questions/Comments/Complaints?
Bibliography