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Essay heading: Antitrust Laws Limit Corporate Aqusition
 
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Issue: Business
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Date added: December 22, 1996
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No of pages / words: 17 / 4671
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Private parties may also bring civil suits. Violations of the Sherman Act are felonies carrying fines of up to $10 million for corporations, and fines of up to $350,000 and prison sentences of up to three years for persons. The federal government, states, and individuals may collect treble the amount of damages that they have suffered as a result of injuries...
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Acquisition usually refers to a purchase of a smaller firm by a larger one. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded. A merger is a combination of two companies, often of about the same size, into one larger company...
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