The delay allowed another developer to announce an agreement to acquire the property.

Subsequently in May 2010 it entered into an agreement to acquire the remaining 51% stake.

Merrill Lynch announced last week that it had an agreement to acquire the Chicago-based industrial company for $48.50 a share, or $4.23 billion.

The agreement to acquire a controlling stake was largely a result of lucky timing.

Convergent reached an agreement to acquire 3Com in March 1986, but the merger was called off at the last moment.

It has reached definitive agreement to acquire the company outright, paying $17.25m for the other 89%.

A written agreement between a grantee and a third party to acquire routine goods or services.

And it has an agreement to acquire 65 planes directly from Airbus beginning in late 2008 with deliveries through 2012.

Kodak has also been under pressure since announcing an agreement to acquire Sterling Drug.

Late last month Hilton carried out a 4-for-1 stock split, as part of its agreement to acquire Bally.