change of control


Also found in: Acronyms.

change of control

[′chānj əv kən′trōl]
(computer science)
A break in a series of records at which processing of the records may be interrupted and some predetermined action taken.
References in periodicals archive ?
Accordingly, any previous tenders of 2022 Notes in the change of control offer to purchase will not be accepted and will be promptly returned and holders of the 2022 Notes may only tender their 2022 Notes pursuant to the tender offer to purchase for cash any and all of the 2022 Notes and related consent solicitation (the "Tender Offer and Consent Solicitation") commenced on September 6, 2017 by the Offeror.
LIN is withdrawing the Change of Control Offer because necessary conditions set will not be satisfied within the time period allowed, specifically that a change of control purchase date may not be later than 60 days following the date of dissemination of a Change of Control Offer.
LIN explains that it is withdrawing the offer solely for one reason: Time has run out, as the purchase date may not be later than 60 days following the date of dissemination of a change of control offer.
According to the company, LIN plans to disseminate to holders of the notes a new change of control offer to purchase on substantially similar terms as the change of control offer.
According to information provided byThe Bank of New York Mellon, the Depositary and Paying Agent for the Change of Control Offer, as of5 p.
The regulations explicitly adopt the IRS's historically applied rule that, in a single transaction, only one change of control will be deemed to have occurred.
Media General Inc (NYSE: MEG) announced on Thursday the extension by LIN Television Corporation (LIN) its subsidiary, of its change of control offer to purchase for cash any and all of its outstanding 5.
To the contrary, the tax penalty applies to all payment agreements contingent on a change of control of the employee's corporation.
M2 EQUITYBITES-December 9, 2016-Media General extends date of change of control offer