Definition of ‘upstairs’Internet
Upstairs Internet the agreement or the decision is made by senior management, and generally unknown to lower-level employees until it is publicly announced. It’s called “top deals” because top executives typically have their offices in the upper floors of an office building.
At the top of the transaction may include any mechanism that affects the activities of the company. But they are often associated with mergers and acquisitions.
Breaking up the Internet’
On the top floor, it happens behind closed doors, whether they are literally the door to the conference room or the Director or not. Why all the secrecy? This eliminates the possibility of information leakage and speeds up the decision-making process. Upstairs, the deal between the two companies is likely to be the result of friendly acquisitions, in contrast to a hostile takeover. And if the deal falls through, to avoid publicity is.
To keep word of a potential Pacific merger also allows managers to work with reduced risk to third parties who profit from the trade when the price movement of stocks. Once the offer is extended or announced the transaction, the shares of the target company will react by either moving up or down in a specified target price. For example, a Corporation tenders an offer of $15 per share of a competitor whose shares are currently trading at $10 per share. When the offer was announced, it was probably as a result of these stock jumps to $15 and the acquiring Corporation may be compelled to offer it.