Preparing and Disclosing Financial Projections in Public M&A

February 19, 2013

Messrs. Aquila and Veeraraghavan led a one-hour audio briefing on “Preparing and Disclosing Financial Projections in Public M&A” at Practising Law Institute’s Securities Law Practice Center. Messrs. Aquila and Veeraraghavan discussed best practices for a target board preparing financial forecasts when evaluating a sale transaction; recent developments in Delaware case law on the use and disclosure of projections; and the SEC staff’s review process and guidelines taken into consideration when reviewing projection disclosure in proxy and registration statements.