Pena Justisia: Media Komunikasi dan Kajian Hukum
Vol. 20 No. 2 (2021): Pena Justisia

Stock Option Rights In Transportation Company Merger And Acquisition Transactions

Sudiro, Ahmad (Unknown)



Article Info

Publish Date
28 Jan 2024

Abstract

Merger and acquisition transactions are corporate transactions that often occur. The seller asks for an option to be able to buy back the shares of the company that are sold. The buyer asks for an option to be able to buy the remaining shares to become the majority holder. The agreement on the option rights is separated from the master sale and purchase agreement for the company's shares. This study discusses the use of share sale options in corporate mergers and acquisitions transactions. This study uses a normative judicial method. This study concludes that option rights have implications for the company and other shareholders. So that the sale or purchase option rights must be submitted to the public since the option rights arise. The option to sell and the right to buy the shares are clearly defined including the validity period, number of shares, estimated price and share ownership portion. This right has an impact on the performance of the company and interested parties. Cancellation of rights must also be communicated openly to interested parties. The agreement regarding option rights is an integral part of the main agreement

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Journal Info

Abbrev

hk

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Pena Justisia aims to provide a forum for lecturers and researchers to publish the original articles about Law Science. Focus of Pena Justisia is publishing the manuscript of outcome study, and conceptual ideas which specific in the sector of Law science. We are interested in topics which relate ...