Thomas Reuters, announced vs. completed
Maybe someone can help me out with this. I'm checking out the Thomas Reuters league tables and I can't seem to understand the difference between the "Announced" Chart and the "Completed" Chart. The rankings sometimes differ a lot and I was wondering which was more important and what exactly these two differences are? Thanks.
..the categories are exactly what they sound like announced vs. completed.
an announced deal occurs when company states in the public that it is acquiring another company (pending shareholder / regulatory approval, various other outstanding issues. usually the management teams, boards and major shareholders agree on the terms and the deal gets announced.
after all the legal paperwork and various non-compete, management incentive, etc. agreements are signed, then the deal is completed.
isn't it Thomson Reuters?:)
correct.
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