Post by
humppyus on Nov 08, 2017 10:27am
Who Pays The Break Up Fee If This Goes South
Let's say William Hill gets their shares and blows the deal up; Who pays the break up fee? This will also affect share price.
Comment by
uograd on Nov 08, 2017 10:33am
there would be no break up fee. only break up fee is nyx get better offer or scientific walk away and that is dicey to get paid at best.
Comment by
AVandelay on Nov 08, 2017 10:36am
NYX would not be obligated to pay the break fee if the deal fails to get shareholder approval.
Comment by
bigbaddude on Nov 08, 2017 5:17pm
SB - 100% agree SG needs this - find it very hard to imagine they won't either give WH what they want or a concession to make up for it, possibly meaning a higher purchase price.