acquisition of control
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 353 U.S. 151 - Alleghany Corporation v. Breswick & Co Baker Weeks & Co · 1957Most cited · 183 citing opinions
The crux of each inquiry to determine whether there has been an 'acquisition of control' is the nature of the change in relations between the companies whose proposed transaction is before the Commission for approval. Does the transaction accomplish a significant increase in the power of one over the other, for example, an increased voice in management or operation, or the ability to accomplish financial transactions or operational changes with greater legal ease?