Beazer Discloses Fee Payable To Dream Finder Homes In Event Of Merger Termination Of $31.M
If the Merger Agreement is terminated, in certain circumstances related to a Change of Recommendation or terminated for the Beazer Board to accept a Superior Proposal, then Beazer shall pay to the Company a termination
Beazer agreed to pay Dream Finder Homes $31 million if they stop their planned merger for certain reasons, like accepting a better offer instead. This is a rule both companies set up to make sure the deal stays serious and fair.
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