Examlex
The minimum-contacts requirement is usually met if a corporation advertises or sells its products within a state.
Target Company
A company that is the subject of a takeover attempt, whether through a merger or acquisition strategy by another company.
Potential Acquirer
A company or individual who is likely or has shown interest in purchasing another company or asset.
Pro Rata
A method of allocating an amount proportionally based on a share of some total, such as time or quantity.
Financially Sound
Describes a state in which an entity is stable, profitable, and has a strong balance sheet.
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