standstill agreement

standstill agreement
contract by which the bidding firm in a takeover attempt agrees to limit its holdings of another firm. Bloomberg Financial Dictionary

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standstill agreement standstill agreement agreement

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standstill agreement UK US noun [C]
FINANCE a written agreement in which the person or organization that is trying to take control of a company agrees not to buy any more shares in the company, or to sell back the shares they have: »

They currently own 51% of the group and have decided to sign a standstill agreement not to buy any more shares before October 2012.

FINANCE, LAW an agreement between two people or companies in which the person or company lending money agrees that the loan need not be paid back for a period of time: »

The company has a standstill agreement on its debt repayments.

Financial and business terms. 2012.

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Look at other dictionaries:

  • standstill agreement — stand·still agreement / stand ˌstil / n: an agreement providing for the preservation of the status quo for a specified or indefinite period: as a: an agreement under which litigation is forestalled between two parties b: an agreement under which… …   Law dictionary

  • standstill agreement — noun An agreement between parties to respect the status quo, esp granting more time for repayment of a debt • • • Main Entry: ↑stand …   Useful english dictionary

  • Standstill Agreement — A standstill agreement is usually an instrument of a hostile takeover defense, in which an unfriendly bidder agrees to limit its holdings of a target firm. In many cases, the target firm is willing to purchase the potential raider’s shares at a… …   Wikipedia

  • Standstill Agreement — 1. A contract that stalls or stops the process of a hostile takeover. The target firm either offers to repurchase the shares held by the hostile bidder, usually at a large premium, or asks the bidder to limit its holdings. This act will stop the… …   Investment dictionary

  • standstill agreement — n. agreement that everything should remain as is; agreement between a creditor country and a debtor country that requires extra time to repay its debt …   English contemporary dictionary

  • standstill agreement — 1) An agreement between two countries in which a debt owed by one to the other is held in abeyance until a specified date in the future. 2) An agreement between an unwelcome bidder for a company and the company, in which the bidder agrees to buy… …   Big dictionary of business and management

  • standstill agreement — / stændstɪl əˌgri:mənt/ noun an agreement between a borrower and a lender that it is better to rengotiate the terms of the loan than for the lender to foreclose on the property used as security …   Dictionary of banking and finance

  • Standstill Agreement —    See London Conferences …   Historical dictionary of Weimar Republik

  • standstill agreement — американский термин, обозначающей достигнутое сторонами соглашение о том, что на протяжении определенного периода времени они не будут предпринимать никаких шагов, обычно заключается в связи с уже ведущимся или планируемым судебным или… …   Glossary of international commercial arbitration

  • agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …   Financial and business terms

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