In a year marked by turmoil in the global credit markets, Mars Corporation was able to negotiate
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In a year marked by turmoil in the global credit markets, Mars Corporation was able to negotiate a reverse breakup fee structure in its acquisition of Wrigley Corporation.
This structure allowed Mars to walk away from the transaction at any time by paying a \($1-billion\) fee to Wrigley. Speculate as to the motivation behind Mars’ and Wrigley’s negotiating such a fee.
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Mergers Acquisitions And Other Restructuring Activities
ISBN: 9780128016091
9th Edition
Authors: Donald DePamphilis
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