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How are the gains from mergers distributed between the shareholders of the acquired and acquiring firms?
Binding Agreement
A contract or deal between two or more parties that is legally enforceable in a court of law.
Legal Ability
The capability or qualification to engage in a legal task or to perform legal duties, often requiring specific knowledge or licensing.
Statutory Law
Laws that have been formally written and passed by legislative bodies.
Law of Contracts
The body of law addressing the formation, interpretation, and enforcement of agreements between parties.
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