Majority Shareholder Recommendation Clause Samples

Majority Shareholder Recommendation. The majority of shareholders of the Parent representing eighty-seven percent (87%) of the issued and outstanding shares determined that the terms of the Merger are fair to and in the best interests of the shareholders of Parent.
Majority Shareholder Recommendation. The majority of shareholders of the BSTR representing eighty-four percent (84%) of the issued and outstanding shares determined that the terms of the Merger are fair to and in the best interests of the shareholders of BSTR.