Legal system of corporate acquisition
Journal of college of Law for Legal and Political Sciences,
2017, Volume 6, Issue 21 part 2, Pages 120-187
Abstract
The capability of the stocks of commercial companies in dealing, enables people who want to own the capital proportions of the company funding to control a particular company, whether it be through the public offer for purchasing or buying stocks from outside the stock exchange in the event that the company has not listed shares in the market tables or they have been included and then cancelled , or buying stocks under direct agreement, if the company has not been listed on the market and it at the same time has not offer a portion of its stocks in an initial public offering. Since the acquisition of the companies is consistent with the goals of projects to expand and establish a powerful economic blocs makes it less susceptible to risks that may arise on them, and avoids administrative procedures that require to set up new projects. Therefore companies resort to acquire other standing companies.
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