Define: Closing Proceeds
Closing Proceeds means the portion of the total proceeds allocated to common stockholders when a change of control concludes
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Closing Proceeds means the portion of the total proceeds allocated to common stockholders when a change of control concludes.
Relevant Circumstances
- During the sale of a company.
- When control of a company changes.
- When company's stocks are being bought/sold.
Relevant Sectors
- Finance and Investment
- Private Equity
- Venture Capital