Hacker News new | ask | show | jobs
by makeshifthoop 4667 days ago
It varies by the company. I did a little bit of research and found this quora article. http://www.quora.com/Mergers-and-Acquisitions-2/For-a-public...
1 comments

Thanks for the link! So there isn't a specific number, but it is "material" if the amount is enough that a reasonable person relying on a report would change his opinion based on the inclusion or omission of the disclosure. So a $70 billion company buying a $100 million startup is probably not going to change any opinions, but that same company buying a $12 billion company will.