Yes, 2015 will give us The Avengers 2, Justice League of America and now a new Star Wars movie! This deal means Disney also now owns the Indiana Jones franchise as well as effects firm Industrial Light & Magic and Skywalker Sound.
A material adverse change (MAC) is a contingency provision specifically inserted in venture finance contracts, merger and acquisition agreements, and lending agreements that gives the acquiring or funding parties, buyers or sellers, the right to back out from implementing the agreement, or seek a change of conditions when there is a substantial ...
DEFINITION of 'Adverse Selection'. 1. The tendency of those in dangerous jobs or high risk lifestyles to get life insurance. 2. A situation where sellers have information that buyers don't (or vice versa) about some aspect of product quality.