Koch Brothers' $7.2B Deal Puts Molex On Tight Leash

Law360, New York (September 10, 2013, 4:55 PM EDT) -- The Koch brothers are making their second-biggest acquisition ever, spending $7.2 billion for fiber optics cable maker Molex Inc., and have protected themselves with a tightly written agreement that keeps the Molex board on a short leash.

Several provisions in the deal — few particularly novel or notable on their own — together make it difficult for Molex to dump Koch Industries in favor of a new buyer, and give Koch control over even the smallest details of the deal's execution.

It's a good example of what...
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