Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / matter-opening-memorandum.docx
matter-opening-memorandum.docx
Parties
HARKNESS LLP
Ardent Capital Partners III LP
Ardent Capital Management LLC
Ardent Capital GP III LLC
Crane LLP
Greenvale Durneval LLP
Veltrano Equity Holdings LLC
Apex Advisory Group LLC
Dates
February 1, 2024
January 29, 2024
December 31, 2023
January 31, 2024
June 30, 2024
February 22, 2024
February 16, 2024
March 17, 2024
January 28, 2024
Amounts
$4.8
$3.1
$534
$1,650
$875
$725
$280,000
$3.2
$340
$952
Obligations
The EPA provides for an outside date of June 30, 2024, by which the closing must occur or either party may terminate the agreement (subject to certain conditions)
This outside date establishes the overall timeline within which HSR clearance must be obtained
4(c) — Efforts Standard: The acquirer is required to use "reasonable best efforts" to obtain HSR clearance and to cause the HSR waiting period to expire or be terminated as promptly as practicable
Notably, the EPA explicitly provides that the acquirer shall have no obligation to accept, agree to, or propose any divestiture, hold-separate arrangement, or behavioral remedy as a condition to obtaining HSR clearance