This is a checklist of considerations for a mergers and acquisitions transaction term sheet. It is a point-by-point reminder to consider whether it is a stock or asset sale, points on closing and warranties, covenants, indemnification, and other areas.
Delaware M&A Transaction Term Sheet Guideline
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US-TC0407
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The Dates. 1704, the year that Delaware established its General Assembly; 1776, the year that our independence from Great Britain was declared; and 1787, the year that Delaware became "the First State" by being the first colony to ratify the United States Constitution.
2. Pennsylvania(1787) ? The Keystone State. Our home state became the second state to ratify the Constitution. It was also the state where the Declaration of Independence was signed, where the Constitutional Convention was held, and where the Constitution was effectually created.
1. Delaware. Delaware is known as the First State because it was the first state to ratify, or sign, the United States Constitution.
Delaware declared its independence from Great Britain on June 15, 1776 and thereby also became independent of Pennsylvania with which it had been connected since 1682. Delaware was the first to ratify the U.S. Constitution and thus became known as the ?First State.?
Over the years Delaware has been called the chemical capital, the corporate capital, and the credit-card capital of the United States.
The 13 original states were New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina, South Carolina, and Georgia. The 13 original states were the first 13 British colonies.
List of U.S. states StateFormed from1DelawareColony of Delaware2PennsylvaniaProprietary Province of Pennsylvania3New JerseyCrown Colony of New Jersey4GeorgiaCrown Colony of Georgia46 more rows
On March 12, 1959, Congress approved Hawaii for admission to the union as the 50th state, marking the last time statehood was subject to votes in the House and Senate.
