They may be on a hostile or friendly basis and may entail acquisition of 100% ownership, a controlling interest or a minority stake. Transactions can involve public or private companies. There are three primary types of M&A transactions:
M&As in the United States are governed by a dual regulatory regime, consisting of state corporation laws (e.g., the Delaware General Corporation Law) and the Federal securities laws (primarily, the Securities Act of 1933 and the Securities Exchange Act of 1934).Also called business acquisition lawyers and acquisition attorneys, these legal professionals provide useful guidance throughout this complex process.
Mergers and acquisitions lawyers play critical roles in how M&As are evaluated, structured and implemented. It can affect everyone from shareholders, directors and managers to employees, customers and communities. A merger or large acquisition is a significant event in the life of a company and its numerous constituencies.