Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of Players Common Stock that are owned by Players as treasury stock and any shares of Players Common Stock owned by Buyer or any wholly-owned Subsidiary (as defined in Section 3.1) of Buyer shall be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 4 contracts
Samples: Merger Agreement (Jackpot Enterprises Inc), Merger Agreement (Players International Inc /Nv/), Merger Agreement (Kornstein Don R)
