Tracking Alpha
What it is
How much the buyer has agreed to sell or give up to win antitrust or regulatory approval.
On the site asDivestitures the buyer must acceptAny divestitures neededDivestitures up to a limitNo divestitures required
- Any divestitures needed
- Divestitures up to a limit
- No divestitures required
- Divestitures not in the filings
How to read it
- Any needed
- The buyer must accept whatever divestiture or other remedy regulators require, sometimes called hell or high water.
- Up to a limit
- Only remedies up to a limit the agreement sets, such as a revenue threshold.
- None
- The agreement says the buyer need not accept any.
The fourth protection dot: solid for any needed, outlined for up to a limit, faint for none.
- Any divestitures needed
- Divestitures up to a limit
- No divestitures required
- Divestitures not in the filings
