Common use of Conversion of Aztar Common Stock Clause in Contracts

Conversion of Aztar Common Stock. Subject to Section 2.02(e), each issued and outstanding share of Aztar Common Stock (other than shares to be canceled in accordance with Section 2.01(a) and other than Aztar Dissenting Shares (as defined in Section 2.03(a)) shall be converted into the right to receive $45.00 per share in cash (the “Common Stock Merger Consideration”). As of the Effective Time, all such shares of Aztar Common Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares of Aztar Common Stock shall cease to have any rights with respect thereto, except the right to receive the Common Stock Merger Consideration to be paid therefor upon the surrender of such certificate in accordance with Section 2.02, without interest.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Entertainment Inc)

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Conversion of Aztar Common Stock. Subject to Section 2.02(e), each issued and outstanding share of Aztar Common Stock (other than shares to be canceled in accordance with Section 2.01(a) and other than Aztar Dissenting Shares (as defined in Section 2.03(a)) shall be converted into the right to receive $45.00 43.00 per share in cash (the “Common Stock Merger Consideration”). As of the Effective Time, all such shares of Aztar Common Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares of Aztar Common Stock shall cease to have any rights with respect thereto, except the right to receive the Common Stock Merger Consideration to be paid therefor upon the surrender of such certificate in accordance with Section 2.02, without interest.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Entertainment Inc)

Conversion of Aztar Common Stock. Subject to Section 2.02(e), each issued and outstanding share of Aztar Common Stock (other than shares to be canceled in accordance with Section 2.01(a) and other than Aztar Dissenting Shares (as defined in Section 2.03(a)) shall be converted into the right to receive $45.00 38.00 per share in cash (the “Common Stock Merger Consideration”). As of the Effective Time, all such shares of Aztar Common Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares of Aztar Common Stock shall cease to have any rights with respect thereto, except the right to receive the Common Stock Merger Consideration to be paid therefor upon the surrender of such certificate in accordance with Section 2.02, without interest.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pinnacle Entertainment Inc)

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Conversion of Aztar Common Stock. Subject to Section 2.02(e), each issued and outstanding share of Aztar Common Stock (other than shares to be canceled in accordance with Section 2.01(a) and other than Aztar Dissenting Shares (as defined in Section 2.03(a)) shall be converted into the right to receive $45.00 38.00 per share in cash (the "Common Stock Merger Consideration"). As of the Effective Time, all such shares of Aztar Common Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares of Aztar Common Stock shall cease to have any rights with respect thereto, except the right to receive the Common Stock Merger Consideration to be paid therefor upon the surrender of such certificate in accordance with Section 2.02, without interest.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aztar Corp)

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