Kindly explain the meaning of phrase "cash and stock deal" here: Terms of the deal are not being disclosed except to note that it is a cash and stock deal
Does that mean that one company acquired shares of another company for cash?
Kindly explain the meaning of phrase "cash and stock deal" here: Terms of the deal are not being disclosed except to note that it is a cash and stock deal
Does that mean that one company acquired shares of another company for cash?
When Company XYZ buys Company ABC, XYZ must pay the shareholders of ABC. XYZ may do this by exchanging cash for the shares of ABC, exchanging shares of XYZ for the shares of ABC, or both. In a cash and stock deal, it's the last. Each shareholder of ABC will get for each of his ABC shares a certain amount of cash and a certain number of XYZ shares.