Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00515388013547334 -0.0053011338536298 0.0293034899131204 0.015314386688264
Stock impact report

Return of the MAC? Coronavirus could be the new negotiating leverage in deals [MarketWatch]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: MarketWatch
Return of the MAC? Coronavirus could be the new negotiating leverage in deals The coronavirus could prompt private equity funds and companies to look for a way out of deals and financing agreements. Spooked by the rapid spread of the deadly virus, companies and buyout groups worldwide are quietly starting to ask their lawyers whether they can invoke so-called material adverse change (MAC) clauses and walk away from deals. MAC clauses allow a buyer or seller to back out of a deal in the event of a material change in the business, operations or financial conditions of a company. “A small number of clients have asked us to do this already and we anticipate that more clients may consider requesting us to review documents and evaluate their situation,” said Liang Xu, a partner at law firm Hogan Lovells in Beijing. Xu added that the firm had received such approaches from clients during the outbreak of Sars, a similar respiratory virus, in 2003. “During the Sars outbreak in 2003, we did some Show less Read more
Impact Snapshot
Event Time:
TSN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TSN alerts
Opt-in for
TSN alerts

from News Quantified
Opt-in for
TSN alerts

from News Quantified