11:08
I've never been a study group guy in my whole life. Seems like that's the default in law school, though. Idk it's more than a year away for me so I shouldn't even be thinking about this sort of minutia, but like I wonder if study groups are actually tangibly helpful in law school? I bet that majorly depends on who is in your study group, but then they form at the beginning of the year before anybody knows eachother, and momentum just keeps them going even if they aren't great
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Warning
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LSDefine
Simple English definitions for legal terms
cash-out merger
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A quick definition of cash-out merger:
A cash-out merger is when one company buys another company and pays the shareholders of the bought company in cash. This is different from other types of mergers where the shareholders may receive stock in the buying company instead of cash. It's like if you had a lemonade stand and someone offered to buy it from you for money instead of giving you their own lemonade stand in exchange.A more thorough explanation:
A cash-out merger is a type of merger where shareholders of the target company receive cash for their shares. This is also known as a cash merger or freeze-out merger. It is a way for the acquiring company to gain full ownership of the target company by buying out the shareholders.
For example, if Company A wants to acquire Company B, they may offer to buy all of the outstanding shares of Company B for a certain price per share. If the shareholders of Company B agree to sell their shares, they will receive cash in exchange and Company A will become the sole owner of Company B.
Cash-out mergers are often used when the acquiring company wants to take full control of the target company and does not want to share ownership with the previous shareholders. It can also be a way for the acquiring company to eliminate competition or gain access to new markets.